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Description
Employers can use a Cost of Turnover Analysis to identify these costs, which can often rise to thousands or even hundreds of thousands of dollars. We can break down the cost of turnover according to region, job function, and department. Our model can be customized to fit the specific requirements of your company, industry, and business type. The Turnover Analysis can not only show you the turnover costs of your company today, but also project your Cost of Turnover for the future. We can project the cost of firing someone ten years down the road by identifying your company's turnover rate. This is crucial as the competition for business continues at a rapid rate. While you may not be able predict whether you will win a particular account, project, or number of widgets, you can estimate the costs of losing key employees.
Description
Staffing hourly and frontline positions in businesses is becoming increasingly difficult. Research indicates that these roles can experience turnover rates as high as 140%, meaning that within a year, all employees might be replaced, and many may not even last that long. Sectors like hospitality and retail are particularly affected by these high turnover figures. For business owners and leaders, finding the right employees and managing hiring costs is crucial. A significant challenge for the business sector is gaining visibility for their available job openings. Traditional job boards and recruitment ads can be prohibitively expensive. Additionally, many corporate websites are predominantly designed for customers, making them complicated for potential employees to navigate, which adds to the difficulty of maintaining them. Instead of directing candidates on a convoluted search for job opportunities, businesses should leverage their storefronts as effective advertisements to attract applicants right where they are most likely to engage. By doing so, they can streamline the hiring process and improve their chances of retaining talent.
API Access
Has API
API Access
Has API
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Retensa
Founded
1999
Country
United States
Website
retensa.com/solutions/software/hrmetricspro/
Vendor Details
Company Name
Talentral
Founded
2013
Country
United States
Website
zippyapp.com
Product Features
Human Resources
360 Degree Feedback
Applicant Tracking
Attendance Management
Benefits Management
Career Development Planning
Compensation Management
Compliance Management
Employee Database
Employee Lifecycle Management
Onboarding
Payroll Management
Performance Management
Recruiting Management
Self Service Portal
Succession Planning
Time & Attendance Management
Time Off Management
Timesheets
Training Management
Product Features
Applicant Tracking
Assessments
Background Screening
Candidate Management
Collaboration Tools
Internal HR
Interview Management
Interview Scheduling
Job Board Posting
Job Requisition
Onboarding
Recruiting Firms
Reference Checking
Resume Parsing
Resume Search
Self Service Portal
Workflow Management
Recruiting
Assessments
Background Screening
CRM
Interaction Tracking
Internal HR
Interview Management
Job Board Posting
Job Requisition
Onboarding
Recruiting Firms
Reference Checking
Resume Parsing
Self Service Portal