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Michael Hyatt
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Archive for turnover

How to Avoid the Costs of Employee Turnover

February 1, 2021 by Michael Hyatt

If you’re running a business or leading a team, chances are you’re felt the effects of employee turnover. According to a Gallup study, losing an employee costs anywhere from one-half to two times the employee’s annual salary. For example, a 100-person organization that pays out an average annual salary of $50,000 could have turnover costs […]

Filed Under: Resources Tagged With: excellent employees, Hiring, new employees, turnover

How to Solve Your Turnover Problem

January 21, 2020 by Michael and Megan

To lead a growing business, you need a strong team. But finding and keeping talent is a challenge. Sometimes it seems that good people leave faster than you can hire them. You’ve added all the perks you can think of, but nothing will stop the revolving door.  Why does staffing have to be so hard?

Filed Under: Lead to Win, Leadership Tagged With: company culture, Hiring, turnover

5 Ways to Retain Your Top Talent

September 29, 2011 by Michael Hyatt

If you understand why talented people leave their organizations, you can make sure it doesn’t happen to yours. Here are five ways to retain your best talent.

Filed Under: Leadership Tagged With: employee morale, Hiring, retention, talent, turnover