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Reduce Employee Turnover Costs
There are many statistics and complex methodologies to support the notion that employee turnover costs are seriously affecting mid-sized enterprises. On the low end, the Hay Group reports that the cost to replace an employee is 50% of their total compensation, including benefits. On the high-end, Hewitt & Associates puts the cost between 100-150% of annual compensation. While executive management and sales staff are more costly to replace, churn in any function affects the bottom-line.
Global Employee Engagement Declining
Most recent study of employee engagement levels by Hewitt Associates found that engagement levels at the end of the June 2010 quarter represented the largest decline Hewitt has seen in 15 years.
Employee Retention: 7 Tactics to Retain Your Most Valuable Asset
Recent surveys show that senior executives place employee retention as their greatest staffing concern. And so they should. Employers who are able to minimize their employee turnover during this recession period are going to emerge from it stronger and healthier than those companies whose employees have defected. You should be doing everything you can to make sure that you keep your employees happy, engaged, and productive. Your company depends on it, and here's why.

Boomer Retirement Planning: It's Not Just for the Retirees
Boomers planning for their retirement has been all over the news of late; particularly hot is the revelation that we Boomers have not planned very well. What is not as well known is that Boomers themselves are not alone in that lack of retirement preparedness....companies are even less ready to handle the tremendous amount of information and skill that will walk out the door along with those retirees. Here's what you can do about it.

Other hewitt associates Related Articles

Mastering the Message: Ogilvy Becomes the Most Wanted Man in Advertising
“Don't bunt,” Ogilvy once said. “Aim out of the ball park. Aim for the company of immortals.” It was with this attitude that Ogilvy returned to New York and decided to start up his own advertising agency. With the financial backing of his former employers Mather & Crowther, the company Hewitt, Ogilvy, Benson & Mather was founded in 1948. He had never written an advertisement in his life, and had only $6,000 to his name, but it was a dream that Ogilvy wanted to see through.

Franchise Opportunities
According to Entrepreneur.com, the Top 10 Franchises for 2007 are as follows: Subway, Dunkin’ Donuts, Jackson Hewitt Tax Service, 7Eleven Inc., UPS Store, Domino’s Pizza LLC, Jiffy Lube International Inc., Sonic Drive In Restaurants, McDonald’s, and Papa John’s International Inc. More and more people are choosing to opt into these businesses and set up a shop of their own. But, what is it that makes these ten so successful in expanding their chains? How can you too take advantage of one of the myriad of available franchise opportunities that are out there, and become a success?

Kick-Start Your Priority Focus
At a conference earlier this year, I was handed a copy of Les Hewitt's "Power of Focus" workbook, an awesome little spiral bound book that contains dozens of exercises to help individuals FOCUS in on goals, and not just any goals, but the right ones. Hewitt is the co-author with Jack Canfield and Mark Victor Hansen of The Power of Focus (more info at thepoweroffocus.ca).
Business Email Etiquette – What you should know BEFORE you hit Send
Tips on email for business associates
The Company Your Keep
People perceive us in part based on who we hang around with, who we point to as 'friends' and associates.
Emotional Freedom: Liberate Yourself From Negative Emotions and Transform Your Life by Dr Judith Orloff
There are many people who are facing a wide variety of stresses, discouragements, disappointments and other events and situations that take an emotional toll on their lives. Sadly, many people feel there isn’t much they can do to help themselves, their loved ones or their business associates who are having a tough time. Or, they feel that medication is the only answer. I’m the sort of person who avoids medication as much as possible, so I’m always on the lookout for other alternatives. I’m also a person who is very concerned about friends and associates who are emotionally fragile or who find themselves in difficult and trying situations. We all know people who have more than the usual problems in their lives. So – what can we do to he
Reduce Employee Turnover Costs
There are many statistics and complex methodologies to support the notion that employee turnover costs are seriously affecting mid-sized enterprises. On the low end, the Hay Group reports that the cost to replace an employee is 50% of their total compensation, including benefits. On the high-end, Hewitt & Associates puts the cost between 100-150% of annual compensation. While executive management and sales staff are more costly to replace, churn in any function affects the bottom-line.
Global Employee Engagement Declining
Most recent study of employee engagement levels by Hewitt Associates found that engagement levels at the end of the June 2010 quarter represented the largest decline Hewitt has seen in 15 years.
Dr. Jan Van Blarcum, PhD
Mazon Associates, Inc. featured educator, Dr. Jan Van Blarcum in its January 2010 newsletter, Building Bridges.
Th Case for Charismatic Leadership
Research shows that Charismatic Leaders and Charismatic Managers have more impact and influence, and are better able to transform workforce attitudes, beliefs and behaviours. Global research by Hewitt Associates who pioneered the measurement of employee engagement in the early 1990s found that employee engagement is higher at double-digit growth companies. The quickest and most cost-effective way to build high levels of engagement is by developing the charismatic potential of the leadership teams.

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