If you´re experiencing turnover and absenteeism, it´s not being caused by any one factor alone. It is usually caused by a combination of things. Even if turnover or absenteeism rates in your organization don´t seem to be problematic, any reduction can mean significant gains. Turnover and absenteeism cost U.S. companies billions of dollars each year in lost productivity, recruitment cost, training cost and lost opportunities.
Culture, Leadership Style and Selection Criteria all play a role. There is also a direct link between turnover and performance - the goal is to hire better workers that will stay longer and be productive. It can also be very difficult to accurately gauge the true cost of these issues and realistically measure the impact on your organization. The good news is there are several steps you can take to ensure both short and long-term solutions to these two major challenges.
This webcast will explore new approaches to measuring and thinking about turnover and absenteeism. You will learn what leads to turnover and absenteeism and also discuss the connection between the two. In addition, you will examine the true cost associated with these common challenges and discover tips and techniques you can take away from the presentation and implement in your facilities. You will also hear a corporate HR perspective from PPG Industries, a Fortune 500 company that implemented a comprehensive selection process to help reduce an already low turnover rate and increase their bottom line.