Reducing High Turnover Rates When the Unemployment Rates are Low

    Written by admin on . Posted in Hr consultant, Human resources executive recruiters, Outplacement service company

    Outplacement service company

    When the economy is doing well, unemployment rates are lower. Lower unemployment rates mean that there are more open jobs and more of a demand for positions to be filled. Employees have more options when it comes to their choices of employment. This can present a problem for many employers. They may hire an employee, put a lot of resources into training them, and then have them leave expectantly for a better opportunity. High retention rates are common during times of low unemployment. Follow these few tips to reduce your retention rates and to improve your employee satisfaction levels.

    Utilize extensive interviewing processes Although it may seem time consuming to extend the interviewing process, this can actually ensure that the candidates you choose are likely to stay l