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Understanding the Costs and Causes of Employee Turnover

Tom Spencer

Retention efforts are especially important after the two-year mark because it can take up to two years for a new employee to reach a similar level of productivity as an existing staff member. This indicates that the employee has gotten up to speed with tasks, built working relationships with teammates, and has become a productive contributor.

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To Better Train Workers, Figure Out Where They Struggle

Harvard Business

Almost half (49%) said that it was difficult to ensure a return on investment (ROI). This is a particularly acute issue at the entry level, where employers have come to accept that high levels of attrition and low levels of productivity and quality are normal. These metrics can be converted into an estimate of ROI for the employer.

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What I Learned from Trying to Innovate at the New York Times

Harvard Business

By the end of my two years there, two of the three products the company had launched to drive new revenue had been repositioned as free offerings intended to drive engagement, and the third had been shut down entirely; there were no meaningful plans for new products underway. zbysiu rodak. ” Instead, they build relationships.

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How Learning and Development Are Becoming More Agile

Harvard Business

Training magazine reported that 2015 training expenditures were approximately $70 billion dollars , a 14% increase from 2014. Now in its 7th year, DAMCO’s investment in young commercial leaders has grown because the ROI of the program has been considerable, measured both in financial terms and in the growth of new business opportunity.

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