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The Real Cost of Employee Attrition

The Center For Leadership Studies

When conducting a thoughtful analysis on the real costs of employee attrition, the first thing you need to wrap your head around is that all turnover is not created equal! All of that to say, the real costs of employee attrition emanate from Quadrant 4. Quadrant 4. Productivity. Good people are surrounded by good people!

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LeadershipNow 140: October 2023 Compilation

Leading Blog

by @suzimcalpine An Important Ingredient to High Performance by @AlanSteinJr Highly Effective Leadership Questions: Open-Ended vs. Closed-Ended by @KateNasser Tired of the Drama Storm?

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Business Politics Impacts – Cost of Employee Attrition

Strategy Driven

Yet a significant portion of voluntary attrition is directly related to an abusive work environment created, in part, by excessive business politics. A company of 250 employees making an average of $43,000 per year experiencing a 20 percent attrition rate spends an estimated $2.15M on employee replacements annually. Subscribe Now!

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How effectively do the leaders in your organization manage change?

thoughtLEADERS, LLC

Our reader poll today asks: How effectively do the leaders in your organization manage change? Extremely: We’re change management experts. 8% Very well: We do a solid job of managing change. 36% Not well: We struggle with managing change.14% 14% Poorly: We have no idea how to manage change.

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Innovative Ways to Improve Employee Retention

HR Digest

The current competitive marketplace has made it a necessity for organizations to discover steps in managing attrition rates. Employee Retention Strategies to Decrease Staff Turnover Rates Employers need to focus on fostering a positive work environment as a step in managing attrition.

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Does Your Leadership Suffer From Proximity Bias?

Rich Gee Group

Proximity bias describes how managers treat workers who are physically closer to them more favorably. That’s a prescription for attrition — and your prescription is for more cowbell. 
 To overcome and instill a culture of excellence anywhere, leaders should:
 1. Establish clear communication channels.

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What are the basics of a people strategy?

HR Digest

Without a well-thought-out people strategy, there can be inconsistencies in managing employees leading to human resource (HR) issues and even employee attrition. . A good implementation of strategic people management places the employees in the forefront of the organization’s vision. Let’s find out. . The takeaway.

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