52 minutes | Dec 9, 2020

A Giant Money Pit: Employee Turnover

Kyle Roed is Global HR Manager for CPM Holdings, based in Waterloo, Iowa. He discusses the massive costs of team member turnover. How can you start to measure these often unrecognized, un-reported, and siloed costs, both financial and cultural? How can you minimize them? What are some top strategies to retain top human capital talent? Are you asking the basic questions? Do you conduct 'stay interviews' in addition to exit interviews? Does your human resources department have operational and business clout to help with solutions? EPISODE RESOURCES:Kyle's LinkedInCPM HoldingsKyle's Rebel HR PodcastSHRM eLearningSHRM Article:  “To Have and To Hold” Bill Conerly Article in Forbes: "Dollar Cost of Employee Turnover"US Bureau of Labor, Recent DataGallup Article: "Fixable Problem Costs Businesses a Trillion"
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