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White paper investigates ways to tackle soaring employee turnover rates

Employee Benefits

Finding and hiring a new employee takes 40 days on average, with estimates of the cost to a business of replacing a team member of in the region of 25 percent of the employee’s annual salary. For more information: [link] The post White paper investigates ways to tackle soaring employee turnover rates appeared first on Employee Benefits.

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Highest Paying Jobs for 2020 : Jobs With Highest Salary

HR Digest

The median salary of Oral and Maxillofacial Surgeon is $355,864, Anesthesiologist is $278,016 Surgeon is $254,329 and of Obstetrician and Gynecologist is $207,177 per year. The health care professionals who take care of our mental health also make quite a healthy salary. They can earn a median salary of $128,090 per year. .

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How to Protect Your Company from High Employee Turnover

Achievers

Current statistics from Catalyst show that it costs an average of one-fifth of an employee’s salary to replace that person, which means that for a position paying $50,000 a year, your replacement costs will generally run over $10,000. To learn more, download our white paper on uniting your workforce with a positive company culture.

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Lessons Learned from the Last Recession: Don’t Cut Management Training (For Long)

Achievers

2X of an employee’s annual salary. Check out this white paper, “ Empowerment and Trust: The Keys to Employee Engagement.” Companies might save a few bucks by cutting their managers’ training now; but ultimately, they’ll spend much more in employee turnover costs that inevitably follow. Or worse yet, closed for good.

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5 Startling Facts: Why Employee Feedback is Essential

Achievers

Encouraging employee feedback is a way of granting your workers power that doesn’t require adding to their salary or granting promotions. For more information on staying tuned in to your workforce, download our white paper on “ Taking the Pulse of Employee Engagement ”. Do you have any thoughts on this article?

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Why You Can’t Afford Disengaged Employees

Achievers

She points out that a disengaged employee generally costs the company about 34 percent of his or her salary annually. If even a few of your workers follow the Gallup formula of costing your business 34 percent of their salary every year, this amounts to a financial leak of near-crisis proportions. Decreased Productivity.

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5 Tips for Employees Who Are Relocating

Achievers

First, make sure your salary is well over the cost of living with websites such as Numbeo or Living Wage Calculator. It would be wise to try and save the equivalent of 1 to 2 months of salary to cover the basics, just in case. But it’s vitally important to know that $20 doesn’t go as far in San Francisco as it might in San Antonio.