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In these
tough economic times calculating your firm's cost of
turnover and establishing a plan to lower your turnover rate
can have a significant positive affect on your bottom line.
(To help you estimate these costs we've provided a cost of turnover
calculator and
worksheet).
One example of how to
lower turnover that is contrary to some budget conscious
companies is to improve your salary and/or
benefit package to insure
greater retention. Since turnover can cost from 50 to 200%
of the lost employee's salary, paying better salaries and
offering a better medical plan might be more cost effective
than you realize.
Due to our 30-year track
record of lowering turnover and improving productivity
levels for our clients RPS becomes a revenue-producing solution
instead of an HR expense. Our efforts, on our client's
behalf, have saved them tens of thousands of dollars
initially and long-time and larger clients have saved in the
hundreds of thousands of dollars. Hiring is challenging but
our three decades of experience and referral network gives us
access to qualified candidates you would not be able to find
on your own.
Once hired, keeping excellent individuals is equally
challenging. One of our trademark services is the monitoring
of our placements by assisting our client companies and
applicants through the transition period of a new hire/new
job. (See New
Hire Checklist)
We also offer FREE
on-line
computer training to our clients. We are able to
e-mail software tutorials directly to your employees work
stations. This benefit can help new employees feel more
confident. It's an excellent FREE benefit for your long term
employees so that they can grow professionally and help
improve your company's productivity. Remember, any
benefit
you provide your
staff can help lower your turnover rate.
Call us at 951-788-7900 or
e-mail
us about what a professional
relationship with RPS would mean to you. |
