5 Ways HR Leaders Can Engage and Empower Hourly Workers
Wednesday, May 27, 2020
The turnover rate for hourly employees has always been, and continues to be, extremely high. Retail, for example, has a turnover rate of around 60 percent, and other sectors can be even higher than that. This is a real problem for businesses since replacing an employee costs on average $4,969, according to a 2015 survey. For any business, that is a large cost that could be avoided with better management.
HR managers can mitigate this level of turnover by engaging with hourly employees, so they feel listened to and respected, and empowering them with specific work benefits that can lower this churn rate. Let’s dive into five ways that HR leaders can help.