How can you implement a proven retention strategy for your company? What benefits do employees care about most? Find out how Canada’s leading employers maintain an employee turnover rate below 5 percent, provide adequate benefits for a diverse generational workforce, and plan to expand their offerings – complete with data and stats on remuneration, rewards, benefits, and new initiatives for 2025
Part 5: The Cost of Employee Turnover
Hiring and Onboarding
Employee turnover brings the hiring and onboarding process into sharp relief. While any amount of turnover necessitates future hiring, a poorly executed onboarding process may exacerbate a company’s staffing issues.