Employee Retention and Engagement It’s a feat for businesses to retain employees for five years or more in today’s market, and the cost of losing them is high. The Center for American Progress claims that for workers earning $75,000 or less per year, the typical cost of turnover is 20 percent of the salary. The […]
leadership mentoring
Leadership Mentoring Programs at Work
How do you retain and prepare your best talent to lead? Mentoring programs are one of the most effective tools in achieving business results. The authors of the book, War on Talent reported, “Of those who have had a highly helpful mentoring experience, 95 percent indicated it motivated them to do their very best, 88 percent said it made them less likely to leave their company, and 97 percent said it contributed to their success at the company.”