How to avoid staff turnover in your company during this end of 2024?
Posted: Sun Dec 22, 2024 10:06 am
The end of the year brings with it unique challenges in human talent management, especially when high employee turnover can directly affect the operations and results of companies.
Recent studies indicate that staff turnover korean number whatsapp can increase by up to 25% during this time, due to factors such as pressure to meet annual objectives, increased workload and intense competition for talent.
In this article, we will explore key strategies to strengthen your employer brand and build an engaged, stable and productive team.
How to avoid staff turnover
Understanding year-end staff turnover
Employee turnover refers to the percentage of employees who leave the organization during a specific period. During periods of high labor demand, such as year-end, this phenomenon intensifies due to the following:
High work stress
Feeling of lack of recognition
Work-life imbalances
Perception of limited opportunities for professional development
Non-competitive compensation
High turnover not only generates significant costs in terms of recruitment, training and operational time, but also affects the morale of the remaining team, decreasing overall productivity.
Recent studies indicate that staff turnover korean number whatsapp can increase by up to 25% during this time, due to factors such as pressure to meet annual objectives, increased workload and intense competition for talent.
In this article, we will explore key strategies to strengthen your employer brand and build an engaged, stable and productive team.
How to avoid staff turnover
Understanding year-end staff turnover
Employee turnover refers to the percentage of employees who leave the organization during a specific period. During periods of high labor demand, such as year-end, this phenomenon intensifies due to the following:
High work stress
Feeling of lack of recognition
Work-life imbalances
Perception of limited opportunities for professional development
Non-competitive compensation
High turnover not only generates significant costs in terms of recruitment, training and operational time, but also affects the morale of the remaining team, decreasing overall productivity.