How to Reduce Employee Turnover With Good Onboarding

Mar 23, 2022 9:00:00 AM / by HR Tech posted in Onboarding, hr technology

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A study conducted by Bersin by Deloitte, whose founder is a frequent speaker at our annual HR Technology Conference, found that 34% of employees with less than two years on the job expected to have a new job within the next year. Recruiting, hiring, onboarding, and training new employees is costly. In fact, the Society for Human Resource Management (SHRM) found that, on average, it costs a company 6 to 9 months of an employee’s salary to replace him or her after the employee leaves.

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