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Archive for February 16th, 2018

Employee Retention and Other Issues Facing Businesses

Job agencies in dallas

Employee retention is a significant issue with many companies. A recent survey showed that 57% of the participating organizations indicated that this issue was a problem for them. Human resources professionals have also raised this issue. The survey revealed that 46% of these professionals stated that retention was their greatest concern. Employee engagement was the second greatest concern for 36% of the participants.


Employee retention issues cause businesses to lose a considerable amount of revenue every year. The cost associated with each failed hire is between 30% to 150% of that employee’s salary. As a result of employee turnover, various industries lose $11 billion on an annual basis.

Soon after being hired, many new employees leave their positions. For 22% of the survey participants,

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