The Hidden Costs of Employee Turnover
Employee turnover isn’t just an HR issue—it’s a significant financial and operational burden that can quietly drain your business. While many companies focus on the direct costs of recruiting, hiring, and training new employees, they often overlook the hidden costs of employee turnover that can be even more damaging. From lost institutional knowledge to decreased […]
Why a Flexible Workforce is Key for 2025
The concept of a flexible workforce is no longer a luxury—it’s a necessity. With the lessons learned from the COVID-19 pandemic and the increasing demand for work-life balance, businesses that adapt to workforce flexibility will thrive in 2025 and beyond. Whether it’s remote work, hybrid schedules, or part-time roles, creating a flexible workforce can be […]
3 Retention Strategies You Can Implement Today: A Small Business Guide
Employee turnover is one of the most costly challenges businesses face, yet it’s often overlooked. Recruiting and onboarding new employees takes time, effort, and money, not to mention the loss of knowledge and productivity when a valuable team member departs. Retention strategies for small businesses are therefore of paramount importance. Retention, on the other hand, […]
Pros and cons of a four-day workweek
By now, you’ve probably heard all the chatter extolling the eye-popping benefits of a four-day workweek. Increased revenue? Higher employee satisfaction? A 32-hour workweek with no dips in productivity? Seemingly every report indicates that the four-day workweek experiments are an overwhelming success. It certainly feels like the beginning of a massive shift in how we […]
How to increase PTO usage in 2023
Did PTO usage hit a healthy amount for your employees this year? If your employees underutilized their PTO in 2022, they aren’t alone. 55% of Americans don’t use up their paid time off, leaving 6.5 days of unused PTO on average. Although it feels nice to have a full staff on hand every day, it […]
