Reducing Manager Turnover
The impact of people analytics and retention strategies
Managers play a critical role in the success of every organization – losing just one is costly. As a whole, the cost of manager turnover is significant and includes not only the direct costs to hire replacements, but also the lost productivity while new managers are coming up to speed, lost revenue while their positions are vacant, and the incalculable impact on those who work and interact with them when they leave. An organization of 10,000 can save $4.5 million through manager turnover reduction.
To achieve true insight into how to reduce manager resignations, you need more in-depth analysis of what’s causing turnover in different parts of your organization. And to reduce manager turnover, you need a precise retention strategy.
What you’ll learn:
- Steps to use people analytics to reduce manager turnover
- How to calculate the true costs of manager turnover
- The keys to a successful retention strategy
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