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The Cost of Employee Turnover and Attrition

Employee turnover and employee attrition are two important metrics to measure your company’s growth. They give clues to employers about recruitment insight and financial loss within an organization. While many believe that turnover and attrition are the same, these two actually have different meanings and cost a company differently. Since it is important for employers […]

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July 15, 20228:39 am
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Employee Turnover: Understanding Why Top Talents are Leaving

Mercer study revealed that one in three employees plan to quit their job in the next 12 months, suggesting an increasing number compared to a few years ago. Another study commissioned by Robert Half also found similar findings that employee turnover will increase in the next 12 months. About 10 percent employees are estimated to […]

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December 27, 201810:24 am
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Increasing Turnover Rates: Thousands Finance Workers to Change Jobs in 2018

Recent study commissioned by Robert Half revealed finance leaders in Singapore are forecasting a surge in employee turnover over the next 12 months. About one in 10 (10 percent) employees are estimated to change jobs voluntarily this year, which is equivalent to almost 21,000 workers based on the current employed finance workforce in the country. […]

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July 4, 20189:05 am
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Vietnam Retail Sector Faces Growing Staff Turnover

Recent report published by Vietnam human resources recruiter, Navigos Group suggested that the retail sector is facing a high rate of employee turnover. This finding indicates a hampering result from firm’s long term development. According to the study, 28 percent of retail industry recruiters said that their employees failed to make long-term commitments, while the […]

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October 13, 201710:28 am
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Employee Turnover? Tell-Tale Signs of a Toxic Workplace Culture

Take a look at your office and observe the surroundings around. How do your employees interact with each other? Is there any awkward atmosphere when they communicate with their supervisor and manager? Do you happen to hear unpleasant gossips about particular individuals? Keep your eyes open! If you find these signs within your company, you […]

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March 15, 20172:47 pm
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Philippines: Highest Turnover Rate at Metro Manila in the Last 5 Years

Even though the number of Filipino workers hired at Metro Manila, is more than those terminated in Q3 2016, the labour stats report released by the Philippine Statistics Authority (PSA) tell a different story. According to findings in the Lab Stat report, the turnover rate of jobs in Metro Manila enterprises registered the highest labour turnover […]

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March 9, 20178:27 am
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The Real Cost of Employee Turnover: Impact on Finance

How much does an employee turnover cost you? While larger costs maybe generally hidden, they do still exist. Many at times, people do not know the actual costs incurred to business and financial impact of employee turnover. Some of the costs which never show up on the balance sheet are lowered productivity levels, the cost […]

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December 5, 20164:34 pm
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China Posts an Average Salary Increase Rate of 6.7% and Turnover Rate of 20.8% in 2016

In 2016, the annual salary increase rate for employees in China averages 6.7 percent. The average turnover rate is 20.8 percent, with voluntary turnover rate at 14.9 percent and involuntary turnover rate at 5.9 percent. These are findings according to the recently released Human Capital Intelligence (HCI) study by Aon Hewitt, the global talent, retirement […]

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November 23, 20168:08 am