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Managing Employees (5)

Manage Smarter: 5 Tips to Help Employees Grow

If you think about it, effective management is a lot like parenting. Sure, you aren’t wiping runny noses or sending pouty children off to their rooms without dinner (hopefully), but you are guiding your employees towards the future. And a smart manager is one who, like a good parent, can tap into who their employees truly are, helping them to develop what makes them unique and valuable to the company.

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The Real Costs of Employee Turnover—And How to Measure Them

Employee turnover is expensive—more so than you might think. According to a recent survey by the Society for Human Resource Management, the average cost-per-hire is $4,129. However, turnover costs can vary depending on the length of time it takes to fill the role, the importance of the position to the employer, and the employer’s industry. Some costs are easily calculable, such as those of recruiting, hiring, and onboarding. Other costs can be difficult to measure, such as the impact of a termination on employee engagement. Easily measurable or not, all these costs hurt your bottom line.

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