Retaining talent

Posted on 6 Apr 2011 by The Manufacturer

Replacing members of staff is an expensive business. In industries like manufacturing where appropriate skills can be hard to come by, a high attrition rate could cost more than just cash. Mark Young explores the steps companies can take to hang on to their headcounts.

Nuts & bolts In this article you can find out: ● A study from the Chartered Institute of Personnel and Development finds that one in four new employees leave within the first six months of beginning a new role; One in three within a year; and roughly half within two years ● Analysts IDC say…

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