Ivan HurttStrategic HR Evangelist BambooHR Mykkah Herner Modern Compensation Evangelist PayScale... Measuring Turnover Mattersnumber of separations in the period average number of employ
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Trang 2Ivan Hurtt
Strategic HR Evangelist BambooHR
Mykkah Herner
Modern Compensation Evangelist
PayScale
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Turnover & Retention
Two Sides of a Coin
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Trang 6Greater Awareness of Market
Oct unemployment for
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Trang 8Measuring Turnover Matters
number of separations in the period
average number of employees in the period
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Trang 10Low Turnover is Not Always Good
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Employees
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Trang 143 Encourage Respect
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Trang 165 Inspire Autonomy
The Freedom Scale
1 Act on own; routine reporting only
2 Act, but advise at once
3 Recommend, then take resulting action
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Retention
Recommendations
Trang 18Develop a Comp Strategy
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Trang 20Start Talking
I found this report
on the internet and
it says I should be paid more…
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• Calculate your turnover rate
• Identify places with good and bad turnover in your organization
• Brainstorm retention efforts that work
• Shop your ideas with leaders and employees
• Evaluate your comp plan – does it reinforce the right organizational messages?
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bamboohr.com/blog payscale.com/compensation-today
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