Barnes HCM

Employee turnover is a topic that affects every business, big or small. It refers to the rate at which employees leave a company and are replaced by new hires. While some level of turnover is inevitable and even healthy for a business, high rates of turnover can be detrimental and costly.  One of the most immediate impacts is the loss of productivity. When an employee leaves, their workload has to be redistributed to other employees, which can result in a decrease in efficiency and output. This can lead to delays in projects and a decrease in overall performance. Moreover, the cost of replacing an employee can be significant for a business. Recruitment, training, and onboarding processes all require time and resources, not to mention the potential loss of productivity during the transition period. In addition, high turnover rates can also have a negative impact on employee morale and company culture. Constantly seeing colleagues leaving can create a sense of instability and uncertainty, leading to a decrease in job satisfaction and motivation. Now, let’s take a look at some external factors that contribute to employee turnover. One of the main reasons employees leave their jobs is for better opportunities elsewhere. This could be in the form of a higher salary, better benefits, or a more desirable work environment. Another external factor that can contribute to turnover is poor management. Employees who feel undervalued, micromanaged, or lack opportunities for growth and development are more likely to leave their jobs. Employee turnover is a complex issue that can have a significant impact on businesses. It is important for companies to recognize the negative consequences of high turnover rates and take proactive measures to address them. By prioritizing employee satisfaction, providing growth opportunities, and addressing external factors, businesses can minimize turnover and create a stable and productive work environment for their employees. #EmployeeTurnover #EmployeeSatisfaction #Retention #BusinessSuccess #TalentRetention #HR #HCM

💐Happy Mother's Day! Today, we're celebrating the amazing women who have nurtured and loved us unconditionally. Thank you for all that you do! #MothersDay #HappyMothersDay #WorkingMoms #Celebrate

Onboarding is more than just a formality – it’s a crucial part of the employee experience and can greatly impact the success of your business operations. Strong onboarding procedures not only help new employees feel welcome and prepared, but also set the tone for their future performance and engagement within the company.  So, what exactly is onboarding? Onboarding is the process of integrating and familiarizing new employees with a company's culture, processes, and expectations. It goes beyond just filling out paperwork and getting a tour of the office. It sets the tone for an employee's entire experience with the company and can greatly impact their performance and retention. First and foremost, a well-designed onboarding process can improve employee retention. According to a study by the Society for Human Resource Management, companies with a strong onboarding process have a 91% retention rate of their employees after one year. This is compared to only 30% retention for companies with a poor onboarding process. This is because a good onboarding experience makes employees feel welcomed, supported, and valued, leading to a sense of loyalty towards the company. Moreover, onboarding also plays a crucial role in accelerating an employee's productivity. A thorough onboarding process can provide new employees with the necessary tools and information to do their job effectively. This includes understanding the company's goals, processes, and their role within the organization. A study by the Aberdeen Group found that companies with a structured onboarding process saw a 54% increase in employee productivity. Additionally, strong onboarding procedures can help foster a positive company culture. By introducing new employees to the company's values, mission, and expectations from the start, it sets the tone for a positive work environment. This can lead to increased job satisfaction, employee engagement, and ultimately, better performance. Onboarding is not just important for new employees, but also for existing employees who may be transitioning into new roles or departments. A thorough onboarding process for internal transfers can help them adapt to their new responsibilities more efficiently and feel supported in their career growth. In conclusion, onboarding is a critical aspect of any business operation. It sets the foundation for a successful working relationship between the company and its employees. By investing time and effort into creating a strong onboarding process, businesses can reap the benefits of increased retention, productivity, and a positive work culture. So, make sure to prioritize onboarding in your organization and see the positive impact it can have on your business.

Employee performance reviews are an essential aspect of any successful organization. They provide a valuable opportunity for managers and employees to discuss goals, performance, and areas for improvement. However, conducting performance reviews can be a daunting task, especially for beginners. That's why we've put together this guide to help you learn how to effectively conduct employee performance reviews. Read more here: https://lnkd.in/gHmmZcQi #PerformanceReviews #EmployeeEvaluation #HR #HCM #WorkforceManagement #EmployeeSuccess

A lot of employers will agree that it's hard to find good employees, but what are you doing to RETAIN those good employees? Employee recognition programs are a great way to keep you employees engaged and invested in their work. It's important to create a working environment where employees feel like valued members of the team.  #EmployeeEngagement #EmployeeRetention #HRTips #HRThursdays #HCM #WorkforceManagement

💻Check out Barnes HCM solutions to empower your workforce and streamline your HR processes: 👉Payroll 👉HR Management 👉HR Consulting 👉Employee Benefits 👉Risk Management 👉iSolved Technology 🌐Visit our website for more info www.barnesHCM.com

We're strong advocates of building up your team. Invest in your employees and they will invest in you. Investing in professional development for your staff is a great way to make them feel valued, engaged and secure in their roles. #WellnessWednesday #EmployeeWellness #ProfessionalDevelopment #ContinuousLearning #InvestInYourEmployees

Just another reason to upgrade to the best tools for the job!

👀 Our St. Louis branch is looking good!  Come and visit our Missouri team at 11726 St Charles Rock Rd Suite M, Bridgeton, MO 63044. Look for the Barnes Logo!  #StLouis #Missouri #Staffing #HR #Staffing #Payroll #HCM

The isolved people cloud app brings innovation to your fingertips.  Just another way isolved helps you streamline your operations and empower your workforce. #EmployeeExperience #HCM #PeopleCloud #isolved #Innovation #CuttingEdge #HRTechnology