By theEMPLOYEEapp Comments are Off Employee retention program, Employee retention program ideas, Employee retention strategies, Employee retention strategies for frontline managers, Frontline employee retention strategies, Fundamentals to frontline employee retention, How can managers motivate frontline employees, How to retain frontline employees?, What is retention of frontline employees?
Business success has traditionally depended heavily on your capacity to maintain an engaged and happy staff or high employee retention. A company’s ability to retain and engage its workforce is recognized as a critical component of its success by 60% of CEOs. High turnover is expensive, involving costs associated with recruitment, onboarding, and lost productivity during the transition period. The Work Institute
By theEMPLOYEEapp Comments are Off Employee turnover, Employee turnover in frontline businesses, How to reduce employee turnover, How to reduce employee turnover in frontline, How to reduce employee turnover in frontline business, Primary causes of employee turnover in 2024, Proven strategies to reduce employee turnover, Strategies to reduce employee turnover, What is employee turnover?, What is retention of frontline employees?
A PwC study found that in the last 6 months, 36% of manufacturers experienced 10% attrition rates among frontline employees. Similarly, a McKinsey study found that at least 50% of frontline retail workers are planning to quit their current jobs and look for better experiences. These statistics highlight one of the biggest issues faced by frontline businesses. Businesses that need frontline employees tend to