Category: Jobs

Tags: IT staffing companies, permanent staffing services, Permanent recruitment services

Did you know that 39% of companies report a decrease in productivity because of a poor hire? Statistics state that 60% of bad hires can impact 80% of the staff’s resignation due to their behavior. It’s time companies look at the bigger picture while making a hire. It doesn’t come as to surprise that anything that happens in the company is caused by the people. The productivity rate, employee engagement, work culture, etc. are all created by them. There are two terms used to describe employees exiting their companies- attrition and turnover. Although a lot of people mistakenly think these phrases mean the same thing, they imply distinct things and have diverse impacts. Employee attrition is the term used to describe personnel quitting their positions because of downsizing an organization, retiring, studying, or changing their geographic location. Contrarily, employee turnover occurs when employees leave one employer for another that offers better opportunities.