As some of the City's unfortunate bankers are now discovering, cash-strapped organisations often attempt to save money by getting rid of employees - but this isn't always the case. In many circumstances it can pay to hang on to staff.
The latest IRS staff absence and turnover survey (subscription required) revealed that the median voluntary resignation rate in the UK was 13.8% of the workforce in 2007. That's one in every seven employees deciding to walk out on an organisation on their own accord. Replacing these people costs time and money that many organisations would rather not spend on recruitment and training.
So how can organisation hang onto the staff that they want? There are many possible options but selecting the right approach can take time and experimentation. Fortunately, the new IRS survey deals with just this problem.
Research into the best ways of managing staff retention is patchy and not always up to date. That is why we'd like your help by taking part in our new online survey. Our study will highlight the methods that employers are using to manage retention, and, of these, those that work best.
All participants in our entirely confidential study will receive a complimentary copy of the report as soon as it is ready. As ever, more information on IRS surveys can be found here.
|
| Permalink | Email this |
