Home » What We done » Increasing Employee Retention
11 employees x 40 hours x $17 average pay rate = $7,480
Employee Exit Reviews:
We conducted thorough exit interviews to understand why employees were resigning or being terminated. This analysis revealed key issues:
We implemented a PIP to document and address underperformance. Meetings were held with underperforming employees to discuss areas for improvement, clearly outline performance expectations, and communicate potential consequences if improvements were not made.
This policy was introduced to monitor and manage employee tardiness and absences. Points were accumulated for infractions, and these were addressed through a progressive disciplinary action plan. This approach significantly improved accountability for attendance, leading to better overall employee retention.
By addressing the core issues identified during our analysis, we were able to significantly reduce turnover, resulting in lower costs associated with nonproductive turnover and a more stable and engaged workforce.
No hidden fees, just clear and competitive rates. See how we can support your goals today!
Voyage Employer Services is your trusted partner in hiring, payroll, and risk management, guiding your business through opportunities and challenges.
Language
Stay updated with the latest industry insights, HR tips, and must-attend events. Sign up for our monthly newsletter today!