Archived Posts - March 2018

Increase Employee Retention - Get Your Employees Involved!

  • 3/22/18 |
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Increase Employee Retention - Get Your Employees Involved!
Retain or Recruit – Which is More Important? Many managers and executives would agree – it’s easier to keep good employees than to recruit, hire, and train new ones (although your company’s pipeline for new recruits has to be a constant focus as well).  In today’s extremely tight labor market - Colorado’s unemployment rate is just 3.0% in March 2018 - having a strong employee retention strategy is paramount in today’s war for talent. According to a recent CareerBuilder survey, the average cost of losing a good hire was $29,600 in 2017. …