Archive for February, 2007

THE COST OF TURNOVER

Tuesday, February 20th, 2007

The high price of turnover is the third major reason that retention is so important. Employee turnover involves three types of costs, each of which negatively affects a company’s bottom line!
1. Opportunity costs : including customer satisfaction, the overall workload and the employees morale. Will other employees consider quitting if their co-workers are […]

RETENTION & CUSTOMER SATISFACTION

Wednesday, February 14th, 2007

HAPPY VALENTINE’S DAY!!
Everyone understands that customer satisfaction is one of the most – if not the most – important factors in business survival and growth. This is another reason that retention is so critical.
Simply Stated: Employees who are satisfied with their work, their company, and their boss are more likely to create and […]