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Businesses face very many challenges and one of them is employee turnover. This is a very frustrating incident and many have been involved in discussions about this issue because a good number of businesses face it.
Many managers have now realized that keeping employees at a job is crucial because it's difficult to find those that are talented so it's important to keep those you have.
The moment you fail to make a proper hiring decision, you're bound to suffer. People usually hire employees to replace someone who might have failed to perform but the moment this selection of manpower isn't done right; the company will suffer the previous condition.
A number of the inefficient employee hiring cases arise from having poor facilities and systems. A study was made and showed that only 14 percent perfect hire can be made and this can be enhanced by making a good reference check and you may get a ratio of 26 percent.
Having to think about how complex the hiring process is for many of the hiring managers, it's clear that the trouble comes from making assessment. Many of the employees complain that during their interviews, they don't contact their referees yet the human resource in the companies is wide.
Whenever there is a weakness in the assessment policy and hiring process you may find that employees will leave work. All this work that people keep getting in other companies and the ability to start up jobs will definitely empower employees.
In the past people would choose a career and work there for over 30 years but these days things have changed whereby people retire early and set up their own businesses.
The moment an employee chooses to quit a job, it's a big burden for the employer mostly if he is a performing one for example a high performing sales person could take the employer over 6months to replace.
It is possible for a manager to find a replacement but this requires training which may take a long time. The relationships of the former employee may not return easily and you will find in some cases that the costs one incurs to train a new entrant are almost double the cost of paying the former employee.
Many managers have now realized that keeping employees at a job is crucial because it's difficult to find those that are talented so it's important to keep those you have.
The moment you fail to make a proper hiring decision, you're bound to suffer. People usually hire employees to replace someone who might have failed to perform but the moment this selection of manpower isn't done right; the company will suffer the previous condition.
A number of the inefficient employee hiring cases arise from having poor facilities and systems. A study was made and showed that only 14 percent perfect hire can be made and this can be enhanced by making a good reference check and you may get a ratio of 26 percent.
Having to think about how complex the hiring process is for many of the hiring managers, it's clear that the trouble comes from making assessment. Many of the employees complain that during their interviews, they don't contact their referees yet the human resource in the companies is wide.
Whenever there is a weakness in the assessment policy and hiring process you may find that employees will leave work. All this work that people keep getting in other companies and the ability to start up jobs will definitely empower employees.
In the past people would choose a career and work there for over 30 years but these days things have changed whereby people retire early and set up their own businesses.
The moment an employee chooses to quit a job, it's a big burden for the employer mostly if he is a performing one for example a high performing sales person could take the employer over 6months to replace.
It is possible for a manager to find a replacement but this requires training which may take a long time. The relationships of the former employee may not return easily and you will find in some cases that the costs one incurs to train a new entrant are almost double the cost of paying the former employee.
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