Sentences with phrase «by high employee turnover»

Not exact matches

Not so at RFRK, which has increased both its employee retention (in the high - turnover food - service industry, no less) and its rep as an employer of choice (the firm recently got 350 applications for an admin position) by making its people feel something very powerful: that their work matters.

It is clear that these wildly successful companies — some of which are regularly featured in Fortune magazine's annual «100 Best Companies to Work For» list for having high trust, high employee engagement, and low turnover — are guided by visionary leaders who walk the talk of servant leadership.

Such a technological transition could have easily led to a high number of layoffs at GRM, but Schneur said he was able to minimize turnover by hiring «digital quarterbacks» to re-train current employees.

Recent Millennial Branding reports show that 45 % of companies experience high turnover with those employees identified as «millennials» — by a 2:1 margin versus older generations.

Favourable attributes associated with boutiques include: 1: Managers who think independently 2: A lack of benchmark - hugging 3: A reasonable, incentive - based remuneration 4: Less run by committee, meaning decisions can be made quickly 5: Less bureaucracy and company politics to deal with than at big firms 6: Higher level of employee ownership and investment in own funds, aligning employee and client interests 7: Lower staff turnover

A cross-sectional analysis of state government employees from Sally Coleman Selden and Donald P. Moynihan found that states with higher pay for state employees experience lower turnover.26 This reduction in turnover from increased compensation helps to explain the common finding that employees» productivity can increase when they are paid higher wages.27 Furthermore, Selden and Moynihan found that states with a higher percentage of state employees covered by collective bargaining agreements have lower voluntary turnover, even after taking into account the effect of unionization on pay increases.28

Of course the latter scenario means that the business owner will have to train all its staff to provide the right and most current facts on the food served and will have no way of checking if the correct details had been given by the employee (just imagine all the «he said, she said» discussions), with turnover times rising sky high in the meantime.

The study concluded that certification raised construction costs by $ 4 per square foot but that because operating costs as well as employee absenteeism and turnover were lower and productivity was higher than in other buildings, the standard - and silver - certified buildings earned a profit over the first 20 years of $ 49 per square foot, and the gold - and platinum - certified buildings earned $ 67 per square foot.

The study concluded that certification raised construction costs by $ 4 per square foot, but because operating costs as well as employee absenteeism and turnover were lower and productivity was higher than in non-certified buildings, the standard - and silver - certified buildings earned a profit over the first 20 years of $ 49 per square foot, and the gold - and platinum - certified buildings earned $ 67 per square foot.

She would be right to prioritize engagement, as high employee engagement reduces turnover by 54 percent.

• Overcame high employee turnover by constantly training, orienting, and mentoring newly hired personnel.