[ad_1] Everyone knows it’s costly to exchange an worker. A latest SHRM report acknowledged that hiring, onboarding and coaching a brand new worker involves about 50%-60% of the departing worker’s wage. However, relating to total losses—equivalent to misplaced relationships, institutional information and specialised experience—the prices really might vary from 90%-200% of the worker’s wage. It’s lengthy been HR’s job to assist retain useful expertise throughout the workforce and decrease substitute prices. However now, some HR organizations are coping with their very own retention points in a important space: HRIT. Our most up-to-date report, The Enterprise of HR in 2023, confirmed…
