The adoption of Visier by a large healthcare organization was driven by a need to progress the HR group to a culture of analyses and trend-based insights rather than reactive manual reporting. This healthcare organization serves over 40 communities within the USA. Its workforce exceeds 7,500 people including 1,000 physicians.
The following Cost of Turnover Analysis was developed using Visier and was a key tool in the business case the HR team presented to leadership in support of their request for additional investment in retention programs.
Read on to learn:
- The different types of costs involved in turnover analysis
- How this organization reduced annual turnover by 10%
- How reducing turnover can have tremendous savings