IT Employment Trends to Watch in 2011
Two-in-five IT employers plan to increase hiring in 2011, up 10 percent from 2010.
Even though you might think otherwise, employee turnover isn't cheap. The many associated costs of worker departure make properly prioritizing employee retention even more important.
Info-Tech Research Group's Total Cost of Turnover Worksheet provides a convenient way to calculate the costs of employee turnover so that organizations can make necessary adjustments to retention efforts. It features sections that help you list and organize all costs related to turnover, including:
However, since the costs the worksheet lists aren't exclusive or exhaustive, you'll want to speak with HR personnel to make sure the company's recruiting, training, retention and termination policies are understood and factored in.
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