Employee Retention: What Employee Turnover Really Costs Your Company It’s one of the largest costs in all different types of organizations, yet it’s also one of the most unknown costs. It’s employee turnover. Companies routinely record and report costs such as wages and benefits, Workman’s Compensation Insurance, utilities, materials, and space, yet most companies have no and report the cost of employee turnover. It can be much higher than you think. How Much is it Costing You? Several well-regarded studies have recently estimated the cost of losing an employee: SHRM, the Society for Human Resource Management, estimated that it costs $3,500.00 to replace one $8.00 per hour employee when all costs — recruiting, interviewing, hiring, training, reduced productivity, et cetera, were considered. Do These Numbers Seem Unbelievable? Here’s an actual calculation from a well-regarded organization in my community. This averages out to ten people per month. This amounts to $30,000 per month, or $1,000.00 in employee turnover costs every day of the month! 1. 2. 3. 4.
10 Awesome Online Classes You Can Take For Free - StumbleUpon Cool, but you need iTunes for nearly everything, and that gets an 'F.' Are there really no other places to get these lessons? I was sure there are some on Academic Earth. Flagged 1. 7 of them are available via YouTube. 2. iTunes is free. 1. 2. Don't worry, we're looking out for you! While I have no personal beef with iTunes, I know that many people share your sentiments — so I actually made a concerted effort to include relevant youtube links when possible.
Strategic Planning for Nonprofits Group News Ready to turn 2012 into your organization's best year yet? For many, the first step is to start (or revise) planning. A comprehensive, well-reasoned operational or strategic plan can make the difference between getting by and reaching your goals. Your nonprofit colleagues have shared these resources to help: Not so sure about planning? Read The Bridgespan Group's free paper Business Planning for Nonprofits: What It Is and Why It Matters for a breakdown of what's in a plan and some tips on getting started. Download Montana Nonprofit Association's free Q&A -What to Include in Your Plan gives you a simple list of what to include in a comprehensive organization plan. For more resources Montana Nonprofit Association likes, browse the planning section of their IdeaEncore-powered online resource library. Use Nonprofit Enterprise at Work's (NEW) The Board Room -Assessment & Strategic Planning ($5) to get your board of directors involved in developing a strategic plan.
Nonprofit Planning and Self-Assessment - Learn About Nonprofit Planning and Assessment One of the most profound things Peter Drucker said in his little book, The Five Most Important Questions You Will Ever Ask About Your Nonprofit Organization, was: Planning is not an event. It is the continuous process of strengthening what works and abandoning what does not, of making risk-taking decisions with the greatest knowledge of their potential effect, of setting objectives, appraising performance and results through systematic feedback, and making ongoing adjustments as conditions change. Five Questions, originally published in the 1990s, has been republished in a new edition...a joint project of Drucker's Leader to Leader Institute and Jossey-Bass. As in the original, the book is organized around basic questions: What is our mission? The simplest ideas are always the most profound, a tenet we should all keep in mind in a confusing period of politics, a jangled economy and a multitude of "experts." Drucker adds three sub questions: Who is our primary customer?
The High Cost of Employee Turnover : Money Investing a little more into hiring and retaining the right people can pay out big in the long run. April 07, 2010 It's impossible to be all things to all people. No matter how great your company is, it's likely that some of your employees will eventually move on to other opportunities. Just how much employee turnovers cost varies widely by industry and job type. Let's put this in perspective. A web search will turn up several online turnover cost calculators, but if you want to get an accurate picture, it's best to set up your own spreadsheet that incorporates all of the factors relevant to your business. Calculate Profit Per Day (PPD) For each affected position — the vacated position, HR staff, managers, etc. — calculate an approximate cost per day for lost productivity. Exit Costs 1. 2. 3. 4. 5. Absence Costs 1. 2. 3. Recruitment Costs 1. 2. 3. 4. 5. Onboarding Costs 1. 2. 3. Scott “Social Media” Allen is a 25-year veteran technology entrepreneur, executive and consultant.
The One Day Cleanse & Kimberly Snyder's Health and Beauty Blog - StumbleUpon As I’ve always said, cleansing should be considered a verb, not a noun. What I mean by that is that you should incorporate long-term shifts in your lifestyle, which are far more affective in cleansing the body on a continual and deeper basis rather than short-term “detoxes.” That being said, this “one day cleanse” is about helping you jump-start the process of getting on track with long-term lifestyle changes, or getting back on track, for those of you who have already been changing aspects of your lifestyle For someone new to the program, incorporate these guidelines below and those outlined in The Beauty Detox Solution slowly and over time in order to avoid any drastic side effects. If you do too much too fast, your eliminating organs (liver, colon etc.) will be totally overwhelmed and overworked. Cleansing is one of the post powerful instruments we have in our toolbox to bring our bodies (and our minds) back into alignment. No Meat: Okay, you’ve made it this far, don’t give up!
Feasibility Study Outline C5-66 November 2009 A feasibility study is an important step in business development. Information File C5-65, What is a Feasibility Study will help you understanding the concept of a feasibility analysis and what it means for business development. Information File C5-64, When to Do and How to Use a Feasibility Study provides you with a framework and the decision points needed for using a feasibility analysis in business development. The outline below can be used to help you through the feasibility study process. Description of the Project Identification and exploration of business scenarios. Identify alternative scenarios or business models of what the project will entail, how it will be organized, and how it will generate profits. Define the project and alternative scenarios Describe the type and quality of product(s) or service(s) to be marketed. Relationship to the surrounding geographical area. Outline the economic and social impact on local communities. Market Feasibility Industry description Next Step
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