If you think because the job market is slow, you don’t have to worry about employee turnover—think again.
There may be more available talent out there, but that doesn’t mean your employees won’t leave—and it’s always the employees you can least afford to lose who jump ship.
And what about the 79 million baby boomers in the workforce today? Although difficult economic times have forced many of them to work longer, experts agree that they will exit en masse over the next 5 to 10 years. There are only 49 million Gen Xers in the workforce now, which means that many of the 75 million Gen Yers (AKA ‘Millennials’) will be taking their places.
• What are the costs associated with employee turnover?
• How can I calculate what employee turnover is truly costing my organization?
• What are the primary drivers of turnover?
• What can I do to cost effectively reduce turnover in my organization?
• What motivates employees from different generations, of different genders and with different ethnic backgrounds—and how can we keep them all engaged?