25 to 30% annual employee turnover rates are the direct result of bad hiring and bad treatment of employees. Unwanted employee turnover costs
the U.S. $140 billion annually.
Most companies do not realize how much turnover is costing them. You can use the
Estimating the Actual Cost of Employee Turnover formula to
estimate how much unwanted employee turnover is costing your company each year. Once you have determined the cost,
then you can fully appreciate the need for a solution.
At KEi we believe that employee retention happens through a company's Values For Employing™. Each KEi tool is therefore related to one or more aspects of these seven Values For Employing™ as developed by KEi:
- Employees are expected to understand the business and the target customer.
- Employee actions should match business objectives.
- Employee progress is measured through reliable processes.
- Employee job-related skills should keep improving through the employer's learning tools.
- Employees benefit financially when their role increases revenues and/or profits.
- Employees must be open and honest with everything associated with the business.
- Work for the organization should be performed utilizing the best sources available.
A Comprehensive System
KEi offers 14 specific, Internet-based tools in eight individual categories identified as the core processes that effectively attract, improve and reward the people who are best suited to become successful and satisfied employees. These eight categories appear at the center of KEi's Employee Retention Wheel.
KEi's services:
- Introduce you to Each Online Tool
- Train you on the Use of Each Online Tool
- Connect you with easy access to the Online Tools via the Internet
After an initial consultation to evaluate your company's situation, KEi works closely with you to decide which tools will best help you reduce unwanted employee turnover and potentially save your company hundreds of thousands of dollars annually.
Check out our available Products & Services.
