Do you know that employee turnover is as perpetual thing? It happens all the time. According to the Bureau of Labor Statistics, there are many more job vacancies than people understand. Statistics indicate that at least 15 million jobs have to be filled each year in the U.S. as a result of employee turnover. Employee turnover happens because of the following reasons inside an organization: Employee promotion leaving a job vacancy – Employee retirement leaving a job vacancy – Employee resignation leaving a job vacancy – Employee transfer from one department to another leaving – a job vacancy Employee injury or illness leaving a job vacancy – Employee termination leaving a job vacancy – Employee death leaving a job vacancy – Employees are hired - as production picks up and the economy improves. Meanwhile, many organizations are notoriously slow to fill job vacancies and companies are especially slow about publicly – advertising job vacancies as it cost them time and money. Employers will see if the vacancy can be absorbed by existing staff. Usually this means more work for employees, but company savings, especially, in lean times. Companies also know that once they publicly advertise and post an open position, they are going to be bombarded with ongoing
Do you know that employee turnover is as perpetual thing? It happens all the time. According to the Bureau of Labor Statistics, there are many more job vacancies than people understand. Statistics indicate that at least 15 million jobs have to be filled each year in the U.S. as a result of employee turnover. Employee turnover happens because of the following reasons inside an organization: Employee promotion – leaving a job vacancy Employee retirement – leaving a job vacancy Employee resignation – leaving a job vacancy Employee transfer from one department to another – leaving a job vacancy Employee injury or illness – leaving a job vacancy Employee termination – leaving a job vacancy Employee death – leaving a job vacancy Employees are hired - as production picks up and the economy improves. Meanwhile, many organizations are notoriously slow to fill job vacancies – and companies are especially slow about publicly advertising job vacancies as it cost them time and money. Employers will see if the vacancy can be absorbed by existing staff. Usually this means more work for employees, but company savings, especially, in lean times. Companies also know that once they publicly advertise and post an open position, they are going to be bombarded with ongoing
Session%202%20-%20Hit%20a%20Bullseye%20with%20Your%20Job%20Search-%20%20target%20employers%20revised%201%204%202015.docx