Zane Benefits Publishes New Tips for Reducing the Cost of Employee Turnover

The cost of losing an employee is between 16% to 213% of annual salary.

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Park City, Utah (PRWEB) January 02, 2014

Today, Zane Benefits, the #1 online health benefits solution, published new information on reducing employee turnover.

According to Zane Benefits’ website, employee turnover is a growing (and expensive) issue, particularly as hiring picks up. The cost of losing an employee is estimated to be anywhere from 16% to 213% of the employee's annual salary, depending on their role at the company.

Reducing employee turnover can be addressed during the hiring process and the new employee onboarding process. It is also an on-going effort to retain key employees.

According to Zane Benefits’ website, reducing employee turnover can be addressed at these three critical points:

  • During the hiring process
  • During new employee onboarding process
  • As an on-going process to retain the best staff
Tips offered to small businesses on reducing employee turnover include screening candidates for cultural fit, engaging new employees early on, investing in staff, and adopting a high-feedback culture.

Click here to read the full article.

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About Zane Benefits
Zane Benefits, the #1 Online Health Benefits Solution, was founded in 2006 to revolutionize the way employers provide employee health benefits in America. We empower employees to take control over their own healthcare, while helping employers recruit and retain the best talent. Our online solutions allow small and medium-sized businesses to successfully transition to a health benefits program that creates happier employees, reduces costs and frees up more time to serve their customers. For more information about ZaneHealth, visit http://www.zanebenefits.com.


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