Sentences with phrase «labour turnover»

The truth is that there is no ideal labour turnover rate, as different organisations are looking for different types of people.

Higher unemployment will usually equate to low labour turnover as people are less confident of finding another job, and vice versa.

A degree of labour turnover is always desirable as it enables your business to remain competitive; however it varies largely depending on your industry, geographic location and the economic environment.

A consistently low labour turnover is often recognised as an achievement in today's corporate world.

Maintaining a very low level of labour turnover can often be indicative of low ambition.

You might recall that Yellen listed a host of other labour market indicators, from the U-6 unemployment measure to the Job Openings and Labour Turnover Survey, which she says she is likely to look at at when determining whether a drop in the headline jobless rate truly reflects the «substantial improvement in the outlook for the labor market» that the Fed wants to see before withdrawing stimulus.

Labour turnover in my company in Spain, where unemployment is steadily improving but still remains above 20 per cent, will be very different to that of a business in the United Kingdom, where unemployment currently resides at around 5 per cent.

Even if the net changes to U.S. employment are improving, the fact that labour turnover remains sluggish generates other problems.

They explain what is meant by labour productivity, absenteeism and labour turnover before showing how each of them is calculated and used in the assessment of workforce performance.

Unemployment that results from normal labour turnover, from people entering and leaving the workforce and from the ongoing creation and destruction of jobs.

Drawing on feedback from over 1,000 HR professionals, the report provides benchmarking information to support employers on resourcing strategies, including attracting and selecting candidates, monitoring labour turnover and driving employee engagement and retention.

With a 13 % labour turnover rate in the UK, it's very likely you'll end up changing jobs in your career.

Another way to show just how much longer the labour market has to go is to look at the BLS's Job Openings and Labour Turnover Survey, which Fed Vice Chair Janet Yellen said this week is one of the indicators the bank keeps an eye on.

Achieving the right balance involves rejecting the thoughtless worship of low labour turnover.

In the US, the Bureau of Labor Statistics surveys what it calls, appropriately, JOLTs (job openings and labour turnover), of which «layoffs and discharges» are about 1.6 million every month, even as headline unemployment figures fall.

Whilst a degree of labour turnover is always healthy, there's no ideal labour turnover figure which you should be working towards.

If you wish to minimise your labour turnover rate then it's worth addressing the above three areas first, as these are almost always the primary concerns of an unsettled employee.

There's no ideal figure by which all businesses can measure their labour turnover against.

This is not necessarily bad news however, as there is no ideal turnover rate which employers ought to aspire to; there are many different factors which influence a labour turnover (such as sector, country, economy and so on) which have no bearing at all on how successful your organisation is.

It's almost impossible for a successful business to function with zero labour turnover, and it's certainly not desirable — as Chris Dottie, Hays Spain MD, says, «without a steady income of fresh ideas, perspectives and competitive intelligence your business will likely become complacent and stagnate».

Hiring contractors can also be the perfect remedy to the «Groupthink» disease that affects many good companies with low labour turnover, as they introduce a continuous stream of fresh ideas into your organisation.

It's almost impossible for a successful business to function with zero labour turnover, and it's certainly not desirable — as my colleague Chris Dottie says, «without a steady income of fresh ideas, perspectives and competitive intelligence your business will likely become complacent and stagnate».