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Turnover: What you need to know

Generally, "turnover" refers to voluntary employment termination. Employers often track all employment terminations, however, to evaluate whether a pattern of resignations or firings points to a need for change in the organization.
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An employer's rate of turnover is almost always a clue to organizational health—and the news may not be all bad. Depending on when, where, and why employees are leaving their jobs, employers may want to make adjustments in management strategies, benefits, or compensation. Tracking turnover is critical to early discovery of trends, both positive and negative, that impact the productivity and vitality of an organization.
Of course, some degree of turnover is to be expected and is, in fact, necessary, because it opens the way for new workers and deserved promotions for experienced employees. Bringing in new employees can invigorate an organization with new ideas, fresh perspectives, and unique talents. In addition, it is healthy for a company to lose poor performers to turnover. On the other hand, high turnover with lots of satisfactory but dissatisfied employees leaving, generally means a specific or general unhappiness with the job. While pay is one driving force, there are many other important issues: benefits (especially newer benefits such as flexible hours), scheduling practices, poor job fit, inadequate training, management philosophy, pernicious supervisory behavior, lack of recognition, or better career opportunities.
Depending on the level of the employee, turnover costs can run anywhere from 50 percent to 200 percent of an employee's annual pay. Therefore, it is important for an employer to seek more information as to why employees are ...

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Reducing Turnover and Increasing Retention Click 'n Train
Make sure your supervisors understand the impact of turnover and are well prepared with effective retention strategies. When training is completed they will be able to: determine causes of turnover, better understand what employees want from their jobs and develop and effective turnover reduction strategy. "
Reducing Turnover and Increasing Retention Audio Click 'n Train
Make sure your supervisors understand the impact of turnover and are well prepared with effective retention strategies. When training is completed they will be able to: determine causes of turnover, better understand what employees want from their jobs and develop and effective turnover reduction strategy. "
Stop Preventable Turnover Webinar Recording
BLR Webinar: "Stop Preventable Turnover: How to Energize, Engage, and Retain Your Top Performers""
Employee Turnover Webinar Recording
BLR Webinar: "Employee Turnover: Gain C-Suite Support, Reduce Costs, and Keep Your Organization Productive""
Organizational Leadership Webinar Recording
BLR Webinar: "Organizational Leadership for HR and Supervisors: 10 Ways to Stop Turnover and Meet Goals""
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Claim Your Free Copy of Top 100 FLSA Overtime Q&As

We’ve compiled a list of the 100 most commonly asked questions we have received on the federal Fair Labor Standards Act (FLSA) overtime regulations.
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This report, "Top 100 FLSA Q&As", is designed to provide you with an examination of the federal FLSA overtime regulations in Q&A format, including valuable tips for bringing your workplace into compliance in an affordable manner.

At the end of the report, you will find a list of state resources on wage and hour issues. This report includes practical advice on topics such as:
  • FLSA Coverage: How FLSA regulations apply to all employers and any specific exemptions from the overtime requirements
  • Salary Level: Qualifying for exemptions and nonexempt employees
  • Deductions from Pay: Deducting for violations, disciplinary reasons, sick leave, or personal leave


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