{"id":4910,"date":"2022-09-01T03:03:08","date_gmt":"2022-09-01T03:03:08","guid":{"rendered":"https:\/\/employmenthero.com\/sg\/resources\/reduce-staff-turnover\/"},"modified":"2025-06-29T18:15:59","modified_gmt":"2025-06-29T18:15:59","slug":"reduce-staff-turnover","status":"publish","type":"resources","link":"https:\/\/employmenthero.com\/sg\/resources\/reduce-staff-turnover\/","title":{"rendered":"Employer&#8217;s Guide to Reduce Staff Turnover [Free eBook]"},"content":{"rendered":"\n\n\n<div class=\"wp-block-group alignfull resource-sticky-downloadable-template has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group alignfull blog-template-header has-light-violet-50-background-color has-background has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group alignfull has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\"><div style=\"--bb--crumb-gap:.4em;\" 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8.20254916,7.8816073 7.78481199,8.39527139\" id=\"Fill-4\" fill=\"#000000\" mask=\"url(#mask-4)\"><\/path> <\/g> <\/g> <\/g> <\/g> <\/svg> \n    <\/span>\n            <span class=\"eh-social-sharing-button__copied_text\">\n            URL copied for sharing!        <\/span>\n    <\/div><\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group post-title-mobile has-global-padding is-layout-constrained wp-container-core-group-is-layout-6 wp-block-group-is-layout-constrained\"><h2 class=\"blog-template-title wp-block-post-title\">Employer&#8217;s Guide to Reduce Staff Turnover [Free eBook]<\/h2>\n\n\n<div class=\"wp-block-group is-nowrap is-layout-flex wp-container-core-group-is-layout-5 wp-block-group-is-layout-flex\">\n<p class=\"has-sm-font-size\">Published<\/p>\n\n\n<div class=\"wp-block-post-date has-sm-font-size\"><time datetime=\"2022-09-01T03:03:08+00:00\">1 Sep 2022<\/time><\/div><\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-columns content-flex is-layout-flex wp-container-core-columns-is-layout-1 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:55%\">\n<div class=\"wp-block-group sticky-downloadable-title has-light-violet-50-background-color has-background has-global-padding is-layout-constrained wp-container-core-group-is-layout-10 wp-block-group-is-layout-constrained\" style=\"padding-bottom:var(--wp--preset--spacing--24)\"><h1 class=\"blog-template-title wp-block-post-title\">Employer&#8217;s Guide to Reduce Staff Turnover [Free eBook]<\/h1>\n\n\n<div class=\"wp-block-group is-nowrap is-layout-flex wp-container-core-group-is-layout-9 wp-block-group-is-layout-flex\"><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group content-wrapper content-single-content wysiwyg has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n\nTurnover is one of the most costly things that can happen to a business, and sadly \u2013 it\u2019s often contagious. This phenomenon is so pervasive that it has its own name \u2013 turnover contagion \u2013 and there are many reasons for it.\n\nAs if the issue wasn\u2019t complex enough, the pandemic has kicked turnover into overdrive. Around the world, we\u2019re seeing a clear emergence of the Great Resignation; with employees quitting their jobs in the thousands as markets regain stability.\n\nFor employers \u2013 especially those who run small to medium-sized businesses (SMBs) \u2013 our message is clear. Treat the cause of turnover, not the symptoms. Even though it takes effort in the short term, implementing measures to prevent turnover is a lot easier than trying to stop a runaway train.\n\nOur Guide to Tackling Turnover is a comprehensive look at what employers can do now to tackle turnover at the root, avoid the perils of the Great Resignation and build amazing teams. It covers;\n<ul>\n \t<li>What are the costs of turnovers?<\/li>\n \t<li>Why do employees want to resign?<\/li>\n \t<li>What do employees want?<\/li>\n \t<li>What could encourage employees to stay?<\/li>\n \t<li>What is an EVP and employer branding?<\/li>\n \t<li>How can I develop an effective employer brand?<\/li>\n<\/ul>\n<strong>Download the free guide now.<\/strong><\/div>\n\n\n\n<div class=\"wp-block-group content-wrapper content-single-content_secondary_container wysiwyg has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n\n\n&nbsp;\n<h2>How to manage staff turnover in a competitive market<\/h2>\nStaff turnover affects even the most successful of businesses. It can be for a wide range of reasons; following their partners across the country, wanting to spend more time at home with children, looking into a <a href=\"https:\/\/employmenthero.com\/sg\/resources\/goal-setting-template\/\">major change in career<\/a>, following a career promotion, or going back to study.\n\nThose reasons are tough to address by an employer because they involve life events in the employee&#8217;s world outside of work. But, there are many reasons employees leave jobs that aren&#8217;t related to big life events \u2013 and that&#8217;s where employers have an opportunity to strategise in the hope of retaining staff members.\n\nAs the \u2018Great Resignation\u2018 begins to sweep across workplaces, we&#8217;re taking a look at what staff turnover really means, how you can calculate staff turnover and what to do with the results.\n<h2>What is staff turnover?<\/h2>\nStaff or employee turnover is the measurement of the number of employees who leave your business during a specified time period (usually one year).\n\nThere are two types of staff turnover, voluntary and involuntary;\n<h3>Voluntary turnover<\/h3>\nVoluntary turnover or voluntary resignations refers to any instance in which an employee actively chooses to leave a business.\n<h3>Involuntary turnover<\/h3>\nThis occurs whenever an employer chooses to <a href=\"https:\/\/employmenthero.com\/sg\/resources\/discipline-termination-policy\/\">terminate an employee<\/a>.\n\nWithin every business, low employee turnover is the goal. The industry standard can, of course, change. For example, industries such as retail and hospitality have a much higher average turnover rate than, say, finance or insurance companies.\n\nThe average staff turnover rate in Australia in 2019 was 8.5%. The highest contributor was hospitality with 17.9% turnover, whereas the lowest was public administration at 5.3%.\n\nA high turnover rate is one that is significantly above the average for the relevant industry. When <a href=\"https:\/\/employmenthero.com\/sg\/resources\/okrs-guide\/\">creating targets for your business<\/a>, make sure to be realistic by measuring against the industry average rather than the national average.\n<h2>Is low staff turnover always good?<\/h2>\nAlthough you should aim for a low staff turnover, achieving zero voluntary turnovers may not necessarily be a good thing, especially if your business is changing and your people are rooted in the past.\n\nIt\u2019s important for any business to bring in new talent and with them fresh ideas, different experiences, and new perspectives. In fact, <strong>healthy turnover can actually help rejuvenate a business<\/strong>.\n\nThe key to managing employee turnover is to first identify whether your current turnover is healthy or unhealthy. And while this is influenced by your industry, profession, and where you\u2019re located, as I said earlier, it all depends on who\u2019s leaving.\n\nWhereas there\u2019s no one magic number for employee turnover, <a href=\"https:\/\/employmenthero.com\/sg\/resources\/leaders-guide-company-culture\/\">company culture plays a pivotal role in employee retention<\/a>.\n<h2>How do you calculate employee turnover rate?<\/h2>\nWhen it comes to getting a number against employee turnover, you might be overwhelmed at the thought. However, it&#8217;s not as difficult as you might think \u2013 a simple equation can help you calculate turnover rate and establish a realistic turnover percentage to aim for.\n\nWhen we talk about employee turnover rates, we&#8217;re referring to the percentage of people who leave your business, typically over a one-month or quarterly period.\n<h3>Monthly turnover rate calculation example<\/h3>\n<strong><em>[Number of employees that leave your business in one month] \u00f7 [average number of employees in your business in one month] x 100 <\/em><\/strong><strong><em>= monthly staff turnover rate\u00a0<\/em><\/strong>\n\nTo get the annual turnover rate, replace the <em>one month<\/em> with <em>one year<\/em> in the formula above.\n\nFrom here, you can search for industry averages to see how you stack up against others in your field and if your rates are high, make changes to curb them!\n<h2>What are the recruitment costs of losing employees?<\/h2>\nYou can expect to spend at least one-fifth of an employee\u2019s annual salary on replacing that worker. This includes everything from advertising the position to the time and <a href=\"https:\/\/employmenthero.com\/sg\/blog\/recruitment-costs\/\">costs associated with recruiting<\/a>, onboarding and training new hires.\n\nIt also takes into account lost productivity while new employees come up to speed and master their new roles.\n\nSo, lose three employees on $65,000 each, and you\u2019re looking at the average number of a $39,000 hit off your bottom line just to replace them.\n\nOf course, <strong>if you lose key executives, this cost will be much higher<\/strong>. In fact, replacing a highly specialised role can cost you as much as double the initial salary.\n<h2>Should you be worried about staff turnover?<\/h2>\nIf you find a lot of your top employees leaving, then you should take immediate action. Why? Your company&#8217;s performance will begin to fall \u2013 and fast.\n\nHere are some questions that you can ask yourself to decide if you should be worried about high staff turnover.\n<h3>Who is leaving your company?<\/h3>\nYou want to look at what you could have done to improve the employee experience of that employee or look into any <a href=\"https:\/\/employmenthero.com\/sg\/blog\/compensation-conversations\/\">salary discrepancies<\/a> that may have led them to look elsewhere.\n\nOn the other hand, if your low performers are leaving, you could stand to gain by enjoying better employee engagement, productivity and profits.\n<h3>Will you regret losing the employee?<\/h3>\nIf the majority of your employee leavers are low performing this may be an indication that you&#8217;re hiring the wrong people in the first place. The way you look at who leaves your business is otherwise referred to as <strong>regrettable<\/strong> and <strong>non-regrettable<\/strong> leave.\n<ul>\n \t<li><strong>Regrettable leave <\/strong>refers to when an employee&#8217;s departure from a company has a negative impact on the team or business. You don&#8217;t want them to leave because they are a good worker or just a great cultural fit for your business.<\/li>\n \t<li><strong>Unregrettable leave <\/strong>means you won&#8217;t regret dismissing an employee. It&#8217;s a good thing. This may be because they weren&#8217;t a good fit for your business, or they <a href=\"https:\/\/employmenthero.com\/sg\/resources\/performance-improvement-plan-template\/\">weren&#8217;t performing up to standard<\/a>.<\/li>\n<\/ul>\n<h3>When are employees leaving?<\/h3>\nBe sure to track <em>when<\/em> people leave your business. Your new employee turnover rate can offer a lot of insight. For example, it can tell you whether your recruitment process is working.\n\nIf a significant number of your new employees leave because they found their <a href=\"https:\/\/employmenthero.com\/sg\/blog\/how-to-delegate-effectively\/\">job duties different or more complicated<\/a> than what they were expecting, perhaps you should consider reviewing your job descriptions.\n\nInvesting more time and money in developing your orientation process could help too if employees leave because of cultural mismatches.\n\nYou could also consider offering other employee engagement programs like parental leave or flexible working hours if your employees struggle with work-life balance.\n\nIf, however, you notice that a lot of senior staff are leaving the business after years of service, you might want to look into your staff retention incentives.\n\nAre you offering them enough of a career path, or do you offer enough rewards for their loyal service?\n<h3>Why are employees leaving?<\/h3>\nWhen you know <em>why<\/em> your employees leave, you can change your company&#8217;s management style or policies in response.\n\nExit interviews are a great way to see whether people give similar reasons for leaving or whether they offer useful suggestions for how you can improve. Staff turnover rates can uncover hidden problems within your business that you didn&#8217;t know you had.\n\nA high turnover rate is a warning sign you shouldn&#8217;t ignore. Review your hiring process, change your compensation and benefits plan or incorporate a succession planning policy.\n\nUltimately, if you respond to turnover issues proactively, you will improve your company and retain great employees.\n\nA great way to check in with employees is through <a href=\"https:\/\/employmenthero.com\/sg\/blog\/what-are-1-1s\/\">regular one-to-one meetings<\/a>. By checking in regularly with employees, you are able to iron out any issues with employees before they leave your company.\n\nGetting started is easy, just download our <a href=\"https:\/\/employmenthero.com\/sg\/resources\/1-1-meeting-template\/\">one-to-one meeting template<\/a> and start sending those calendar invites!\n<h2>What are common causes of high employee turnover?<\/h2>\nYou should regularly review your employee turnover rate. Look at who the departed employees were, when they left, and the reason for leaving.\n\nMake sure to track changes in staff turnover rates against changes you make to the business. You may start noticing trends across teams or the whole business that you can then work on.\n<h3>Lack of career development opportunities<\/h3>\nIn a professional setting, it&#8217;s only natural that people want to climb the corporate ladder and get more <a href=\"https:\/\/employmenthero.com\/sg\/resources\/professional-development-plan-template\/\">development opportunities<\/a> out of their roles. How do we know?\n\nIn our recent Employee Movement and Retention Report, we uncovered that 48% of workers are planning on looking for a new role within the next year and the main reason explains why.\n\n<img decoding=\"async\" src=\"https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/2020\/09\/New-Role-Statistics-Employment-Hero-.png\" alt=\"statistics - are you looking for a new role in the next year - employment hero \" \/>\n\nThe most prominent reason for changing roles? <strong>A lack of career development<\/strong>, with 31% stating this as their top reason.\n\nWhether employees are ready to put their heads down and climb the corporate ladder or upskill and make that career shift, employees want to be in a role where they have the opportunity to do so.\n\n<img decoding=\"async\" src=\"https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/2020\/09\/Job-Seeking-New-Role-Employment-Hero-statistic.png\" alt=\"graph showing the top reason for leaving a role is no career path\" \/>\n\n<strong>Pro tip:<\/strong> Use <a href=\"https:\/\/employmenthero.com\/sg\/resources\/performance-review-template\/\">our performance review template<\/a> to gauge employee performance\n<h3>Toxic company culture<\/h3>\nWhen we think of high employee turnover, we often think straight about the culture of the workplace. We&#8217;ve all heard of toxic company culture, or worse yet, experienced working in one \u2013 and it can make anyone run for the door.\n\nAn article by the <a href=\"https:\/\/hbr.org\/2013\/05\/creating-the-best-workplace-on-earth\">Harvard Business Review<\/a> \u2013 \u2018Creating the Best Workplace on Earth&#8217;, described the key ingredients for superior organisational health \u2013 i.e. a positive workplace culture.\n\nIn a nutshell, it&#8217;s a positive culture that celebrates differences, allows for information to flow freely, provides meaningful work and values employees. Unfortunately, we still often hear just one word to describe current organisational cultures \u2013 and that word is: <strong>toxic<\/strong>.\n\nProlonged exposure to toxic workplace cultures can foster not only lacklustre performance and low staff morale but also be the reason for your business&#8217;s undoing.\n\nIn today&#8217;s highly competitive market, employees won&#8217;t hesitate to <a href=\"https:\/\/employmenthero.com\/sg\/blog\/employee-ghosting\/\">jump ship<\/a> when faced with an unhealthy working environment. The worst part? It&#8217;s usually your star performers who will opt to leave first.\n\nToo many skilled and experienced people choose to leave their jobs not because of the role itself but because they can no longer bear the heaviness of toxic workplace culture.\n\n<strong><em>\u201cPeople don&#8217;t leave jobs. They leave toxic work cultures.\u201d \u2013 Dr Amina Aitsi-Selmi<\/em><\/strong>\n\n<em><strong>Read more: <a href=\"https:\/\/employmenthero.com\/sg\/blog\/communication-in-the-workplace\/\">Effective communication in the workplace<\/a><\/strong><\/em>\n<h3>Lack of meaning or purpose in the workplace<\/h3>\nEveryone wants to complete meaningful work, and it&#8217;s no secret that the Covid-19 pandemic has caused many people to reflect on their career paths. When your team doesn&#8217;t feel a sense of purpose in the workplace, chances are they already have <a href=\"https:\/\/employmenthero.com\/sg\/blog\/flight-risk-employees\/\">one foot out the door<\/a>.\n\n<em>How can you create meaning and purpose at work?\u00a0<\/em>\n\n<a href=\"https:\/\/employmenthero.com\/sg\/blog\/how-to-inspire-a-team-at-work\/\">Inspire your employees<\/a> to engage in fulfilling work by organising group working sessions and fostering a sense of collaboration. Run a brainstorming session outside the office (or home office) space.\n\nAsk your employees to think about the deeper purpose of their work as a team and as individuals. Celebrate each person&#8217;s specific talents and encourage them to utilise them in meaningful collaborative projects.\n\nIt&#8217;s the best way to fill them with inspiration and gain a new sense of joy from their current role and workload.\n\n<em><strong>Read more: <a href=\"https:\/\/employmenthero.com\/sg\/blog\/how-to-implement-okrs\/\">Implement OKRs for a greater sense of purpose<\/a><\/strong><\/em>\n<h3>No employee retention strategy in place<\/h3>\nNo one likes managing employee turnover. That&#8217;s why it&#8217;s important to have a strategy in place to help prevent it from occurring \u2013 and it comes down to the way you manage your employee engagement, reward and recognition, and retention strategies.\n\nYou might be wondering how this fits into the process of preventing staff turnover. By improving employee wellbeing and engagement, you&#8217;ll automatically boost employee retention. How?\n\nThere&#8217;s a strong link between being engaged at work and being happy at work &#8211; happy employees tend to stick around longer. This means by prioritising employee mental health, you will have a workforce of trusted, reliable and enthusiastic employees.\n\nAs you begin to think about the <a href=\"https:\/\/employmenthero.com\/sg\/resources\/hr-audit-checklist\/\">future of your workforce<\/a>, set aside time to incorporate employee wellbeing into your workforce planning.\n\nCreate an employee engagement plan, learn how to effectively reward and recognise your team and create a solid retention strategy to help you reduce staff turnover.\n\n<em><strong>Read more: <a href=\"https:\/\/employmenthero.com\/sg\/resources\/how-to-coach-employees-in-the-workplace\/\">How workplace coaching can boost employee retention<\/a><\/strong><\/em>\n<h3>No flexibility or remote working opportunities<\/h3>\nNo one could have prepared us for what the pandemic threw our way. However, if there&#8217;s one silver lining of the past few years, it&#8217;s that remote and flexible working has been embraced by many employers around the world.\n\nSo much so, that flexible and remote working is no longer considered a perk. For many workers in a wide range of occupations, it&#8217;s absolutely mandatory. If you don&#8217;t embrace remote working or demand your team goes back to the office full-time, you&#8217;ll bet your top talent will be ready to jump ship.\n\nFlexibility can mean many things:\n<ul>\n \t<li>Working remotely<\/li>\n \t<li>Being able to pick and choose hours or, at a minimum, preferred start and finish times<\/li>\n \t<li>Job sharing<\/li>\n \t<li>Opting for part-time work over full-time work, or<\/li>\n \t<li>Condensing a five-day working week into three or four days.<\/li>\n<\/ul>\nFrom an HR point of view, flexibility delivers serious payback to employers. Along with a boost in employee retention and lower absenteeism, it&#8217;s also a key component of employee wellness.\n\n<a href=\"https:\/\/employmenthero.com\/sg\/blog\/flexible-work-arrangements-best-practices\/\">Offering flexible working arrangements<\/a> allows employees to improve their work-life balance, which reduces stress levels. And so, employees with flexible work schedules typically have higher levels of job satisfaction.\n\nAnd while offering flexibility might take a bit of work to set up at first, for most employers, it costs absolutely nothing to offer. If you&#8217;re not offering it already, consider how you can accommodate flexibility in your workplace.\n\nBe creative and offer job-sharing opportunities, the ability to condense the working week, as well as working remotely. You&#8217;ll be pleasantly surprised at how productive your happy, life-balanced employees are \u2013 and you&#8217;ll improve your retention rates dramatically!\n\n<em><strong>Read more: <a href=\"https:\/\/employmenthero.com\/sg\/resources\/the-remote-first-workplace-playbook\/\">How to transition into a remote-first company<\/a><\/strong><\/em>\n<h2>How to reduce employee turnover rate<\/h2>\nRemember, it\u2019s expensive to recruit a new employee. If your company culture is the reason why your employees leave, then it\u2019s a perfect time to have a good look at how you <a href=\"https:\/\/employmenthero.com\/sg\/resources\/performance-review-guide\/\">recognise performance<\/a>, provide <a href=\"https:\/\/employmenthero.com\/sg\/resources\/employee-coaching-plan-template\/\">opportunities for growth<\/a>, and the quality of manager-employee interactions.\n\nBut, as an employer, you can do something about this. Here are some actionable ways for you to start reducing staff turnover:\n<h3>1. Retraining bad managers to stop employee turnover<\/h3>\nTake a good look at yourself in the mirror. If you\u2019re a tough, self-styled Gordon Ramsay kind of manager, then you\u2019ll need to make some changes if you want your good people to stick around.\n\nIt\u2019s important to recognise <a href=\"https:\/\/employmenthero.com\/sg\/resources\/how-to-deal-with-bad-managers\/\">bad people management practices<\/a> when you see them and stamp them out if you want to keep your top talent.\n\nOf course, employees leave jobs every day for any number of reasons, many of which are entirely out of your control. That said, the number one reason people give for quitting their jobs is due to their <a href=\"https:\/\/employmenthero.com\/sg\/blog\/servant-leadership\/\">relationship with their boss<\/a>. This is definitely something you can work on.\n\n<em><strong>Read more: <a href=\"https:\/\/employmenthero.com\/sg\/blog\/giving-feedback-to-employees\/\">The importance of providing constructive feedback to employees<\/a><\/strong><\/em>\n<h3>2. Scheduling and flexibility<\/h3>\nHaving the right people in the right place at the right time is crucial. For example in the hospitality industry, consider whether you are getting overworked employees to the tune of 60+ hours a week while others complain about not getting enough hours.\n\nLots of workers these days want flexibility. And this means shorter, regular shifts. If you\u2019re still relying on <a href=\"https:\/\/employmenthero.com\/sg\/blog\/online-performance-management-system-benefits\/\">spreadsheets or outdated technology<\/a> all this can become a nightmare to manage, and you can easily overcook your shift rosters and schedule an individual beyond the legal parameters.\n\nBut, by using <a href=\"https:\/\/employmenthero.com\/sg\/products\/hr-software\/\">purpose-built HR software<\/a>, you get the visibility you need to ensure <a href=\"https:\/\/employmenthero.com\/sg\/blog\/workforce-optimisation-strategy\/\">optimal staffing levels<\/a> while you accommodate your employees\u2019 shift preferences.\n<h3>3. Hire the right people<\/h3>\nKeeping standout employees starts with hiring the right employees. You likely hire employees who have strong skills that match your open position. But, how well do your employees fit in with your business&#8217;s culture?\n\nYou want to hire those who are a <a href=\"https:\/\/employmenthero.com\/sg\/blog\/right-person-to-hire\/\">behavioural and cultural add<\/a> for the job. You can ask employees behavioural interview questions to find out how they react in certain situations.\n\nAlso, during interviews, be sure to ask some of these great <a href=\"https:\/\/employmenthero.com\/sg\/blog\/interview-sign-of-bad-hire\/\">interview questions that could help reveal a toxic employee<\/a>.\n\nIf employees don&#8217;t fit in with your work environment, they won&#8217;t be happy and will end up leaving the business sooner rather than later.\n\n<span style=\"letter-spacing: -0.2px;\"><b>Pro tip:\u00a0<\/b>Hiring internationally opens up a much wider pool of talents &#8211; but you&#8217;d have to be aware of their local employment laws.<\/span>\n\nLearn how to hire employees from overseas in:\n<ul>\n \t<li><a href=\"https:\/\/employmenthero.com\/sg\/hire-employees\/australia\/\">Australia<\/a><\/li>\n \t<li><a href=\"https:\/\/employmenthero.com\/sg\/hire-employees\/new-zealand\/\">New Zealand<\/a><\/li>\n \t<li><a href=\"https:\/\/employmenthero.com\/sg\/hire-employees\/philippines\/\">Philippines<\/a><\/li>\n \t<li><a href=\"https:\/\/employmenthero.com\/sg\/hire-employees\/united-kingdom\/\">United Kingdom<\/a><\/li>\n \t<li><a href=\"https:\/\/employmenthero.com\/sg\/hire-employees\/netherlands\/\">Netherlands<\/a><\/li>\n \t<li><a href=\"https:\/\/employmenthero.com\/sg\/hire-employees\/indonesia\/\">Indonesia<\/a><\/li>\n \t<li><a href=\"https:\/\/employmenthero.com\/sg\/hire-employees\/canada\/\">Canada<\/a><\/li>\n \t<li><a href=\"https:\/\/employmenthero.com\/sg\/hire-employees\/united-states\/\">United States<\/a><\/li>\n<\/ul>\n<h3>4. Offer competitive pay and benefits<\/h3>\nPeople want to be compensated well. Even the most passionate of employees aren&#8217;t just working for the love of the business.\n\nThey need to cover standard expenses like housing, utilities and food. And most people want enough money for extras, too. If you don&#8217;t pay your employees well, chances are they&#8217;re already looking for another business that will.\n<h3>5. Reward and recognition<\/h3>\nYour employees need encouragement and recognition. It&#8217;s human nature.\n\nEarly last year, we looked at how you can set up <a href=\"https:\/\/employmenthero.com\/sg\/blog\/employee-reward-ideas\/\">reward and recognition initiatives that won&#8217;t cost your business<\/a> the big bucks.\n\nReward and recognition are a huge factor in your overall employee engagement and happiness and one that can <a href=\"https:\/\/employmenthero.com\/sg\/blog\/top-10-benefits-employees-want\/\">help attract and retain top talent<\/a>. Employees who feel valued for the work they do will show higher levels of engagement with your business.\n<h3>6. Career pathing<\/h3>\nAs we shared before, <a href=\"https:\/\/employmenthero.com\/sg\/resources\/career-progression-plan-template\/\">building a solid career progression path<\/a> is top of the list for job seekers. A lot of the time, employees will leave a business when they feel they have no future there and might even go straight to your competitor.\n\nWith this in mind, it&#8217;s essential your employees are aware of exactly where their job is going within your business. Nurturing growth and personal development will help to increase their engagement, boost their productivity and potentially save time and money on your employee turnover.\n<h3>7. Conduct exit interviews<\/h3>\nWhen people do leave your business, exit interviews are an important learning tool. Candid feedback here is invaluable.\n\nBut rather than asking them to tell you why they are leaving, ask them for suggestions on how you could improve the business.\n<h3>8. Be proactive with &#8220;Stay interviews&#8221;<\/h3>\nOf course, rather than leaving it until the horse has bolted, an alternative to exit interviews is to hold regular \u201cstay interviews\u201d. Instead of finding out why someone is leaving, find out what you could do to make sure that person sticks around. You can conduct these interviews as part of your regular <a href=\"https:\/\/employmenthero.com\/sg\/blog\/employee-happiness-survey\/\">employee happiness surveys<\/a>.\n<h2>We&#8217;ll hold your hand through the goodbyes<\/h2>\nSaying goodbye when turnover occurs is hard, but we&#8217;re here for you. We&#8217;ll <a href=\"https:\/\/employmenthero.com\/sg\/solutions\/performance-management-software\/\">manage your employee admin<\/a> so you can have one less thing on your plate.\n\nWhether it&#8217;s offboarding checklists, exit interviews or stay interviews, we&#8217;ll be with you every step of the way.\n\n<a href=\"https:\/\/employmenthero.com\/sg\/request-a-demo\/\">Get in touch with one of our small business specialists<\/a> and learn how we can make your onboarding and offboarding a breeze.\n\nDownload the Employer&#8217;s Guide to Reduce Staff Turnover for free now.<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column form-column is-layout-flow wp-block-column-is-layout-flow\">\n<div class=\"wp-block-group sticky-offset-top has-global-padding is-layout-constrained wp-block-group-is-layout-constrained wp-container-2 is-position-sticky\">\n    <div class=\"hero-landing-marketo-form  wp-block-employmentherocom2025-marketo-form is-layout-flow 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L6.54864687,9.91484383 C5.73222439,10.9339336 4.27946967,11.1129128 3.25127068,10.3214088 C2.2300908,9.49612727 2.05361038,7.97696676 2.85719793,6.92821874 C2.87083505,6.91050619 2.88447217,6.89299959 2.89851039,6.87569896 L5.82387388,3.27984437 L5.84553284,3.25492322 C5.99915102,3.07203079 6.17924127,2.91447144 6.37938611,2.78739415 C7.23972815,2.23645131 8.34754387,2.31595185 9.12506044,2.98449782 C9.2157072,3.06235067 9.30073868,3.14700021 9.37915214,3.23782854 C9.60657122,3.50207514 9.93486491,3.6513961 10.2784001,3.64665902 C10.6175233,3.64171598 10.9377951,3.48498047 11.155588,3.21764447 L11.1696262,3.20034383 C11.5426416,2.74620216 11.5342187,2.07930388 11.1497722,1.63546021 C9.42768425,-0.367088286 6.45118155,-0.55698335 4.50107292,1.21159465 C4.32298813,1.37306725 4.15713665,1.54813319 4.00472174,1.73555674 L1.08738009,5.32173121 C-0.548874157,7.35084854 -0.312430505,10.3492133 1.62043117,12.0813364 C2.56821124,12.921447 3.80678291,13.3317192 5.05377751,13.2188532 C5.20097822,13.2064956 5.34697566,13.1875473 5.49176982,13.1613904 C6.61362375,12.9593437 7.63039162,12.3585585 8.36398864,11.4636626 L9.59594229,9.94923914 C10.0136795,9.43578101 9.94709821,8.67146367 9.44693666,8.24224316 C8.94677511,7.81302264 8.20254916,7.8816073 7.78481199,8.39527139\" id=\"Fill-4\" fill=\"#000000\" mask=\"url(#mask-4)\"><\/path> <\/g> <\/g> <\/g> <\/g> <\/svg> \n    <\/span>\n            <span class=\"eh-social-sharing-button__copied_text\">\n            URL copied for sharing!        <\/span>\n    <\/div><\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group alignfull eh-single-resource-whitepapers-layout has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group alignfull has-light-violet-50-background-color has-background has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n<div id=\"stop-el\" class=\"wp-block-group has-global-padding is-layout-constrained 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Initiative\" style=\"width:100%;height:100%;object-fit:cover;\" srcset=\"https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2024\/10\/start-digital-grant-sg-1.png 1200w, https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2024\/10\/start-digital-grant-sg-1-225x300.png 225w, https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2024\/10\/start-digital-grant-sg-1-768x1024.png 768w, https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2024\/10\/start-digital-grant-sg-1-1152x1536.png 1152w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/a><\/figure>\n\n\n<div class=\"wp-block-group blog-3-col-details wp-container-content-3 is-vertical is-content-justification-left is-nowrap is-layout-flex wp-container-core-group-is-layout-17 wp-block-group-is-layout-flex\" style=\"margin-top:0;padding-top:var(--wp--preset--spacing--10);padding-right:var(--wp--preset--spacing--10);padding-bottom:var(--wp--preset--spacing--10);padding-left:var(--wp--preset--spacing--10)\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-16 wp-block-group-is-layout-flex\"><div style=\"font-style:normal;font-weight:600\" class=\"taxonomy-resource-type eh-resource-type wp-block-post-terms\"><img decoding=\"async\" class=\"wp-block-post-terms-icon\" width=\"20\" height=\"20\" alt=\"icon-blog\" loading=\"lazy\" src=\"https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2025\/04\/Blog.png\"><a href=\"https:\/\/employmenthero.com\/sg\/resources\/guides-and-playbooks\/\" rel=\"tag\">Guides and Playbooks<\/a><\/div>\n\n<h3 class=\"wp-block-post-title\"><a href=\"https:\/\/employmenthero.com\/sg\/resources\/ncss-techandgo-start-digital-grant\/\" target=\"_self\" >Everything You Need to Know About the Start Digital Grant Under the NCSS TechAndGO! Initiative<\/a><\/h3>\n\n<div class=\"wp-block-post-excerpt has-text-color has-contrast-2-color has-small-font-size wp-container-content-2\"><p class=\"wp-block-post-excerpt__excerpt\">Discover the Start Digital Grant under NCSS&#8217;s TechAndGO! initiative. <\/p><\/div><\/div>\n\n\n<a style=\"font-style:normal;font-weight:600;\" class=\"wp-elements-9dfcbcb7662772ecb2d671e8976a6c51 wp-block-read-more has-text-color has-violet-500-color\" href=\"https:\/\/employmenthero.com\/sg\/resources\/ncss-techandgo-start-digital-grant\/\" target=\"_self\">Read more<span class=\"screen-reader-text\">: Everything You Need to Know About the Start Digital Grant Under the NCSS TechAndGO! Initiative<\/span><\/a><\/div>\n<\/div>\n<a href=\"https:\/\/employmenthero.com\/sg\/resources\/ncss-techandgo-start-digital-grant\/\" target=\"_self\" class=\"group-block-link\"><\/a>\n<\/li><li class=\"wp-block-post post-21624 resources type-resources status-publish has-post-thumbnail hentry resource-type-checklists topic-employment-law topic-hiring-onboarding topic-payroll industry-agriculture industry-automotive industry-business-consulting industry-childcare industry-colleges-and-sporting-clubs industry-construction industry-consumer-services industry-customer-service industry-early-education industry-ecommerce industry-education industry-entertainment industry-finance industry-financial-services industry-franchises industry-health-and-fitness industry-health-services industry-healthcare industry-hospitality industry-it-and-technology industry-legal industry-logistics-manufacturing industry-media-communications industry-not-for-profit industry-professional-services industry-public-relations industry-real-estate industry-real-estate-and-strata-management industry-recruitment industry-retail industry-stem industry-technology industry-utilities-public-services industry-veterinary-services industry-youth-services\">\n\n<div class=\"wp-block-group has-border-color has-neutral-100-border-color has-white-background-color has-background is-vertical is-layout-flex wp-container-core-group-is-layout-21 wp-block-group-is-layout-flex\" style=\"border-width:1px;min-height:100%\"><figure style=\"aspect-ratio:16\/9;width:100%;height:100%; padding-bottom:0;padding-top:0;margin-bottom:0;\" class=\"wp-block-post-featured-image\"><a href=\"https:\/\/employmenthero.com\/sg\/resources\/hr-and-payroll-compliance-checklist\/\" target=\"_self\"  style=\"height:100%\"><img loading=\"lazy\" decoding=\"async\" width=\"1040\" height=\"900\" src=\"https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2024\/10\/thumbnail-10-point-compliance-checklist-SG.png\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"10 point HR and payroll compliance checklist\" style=\"width:100%;height:100%;object-fit:cover;\" srcset=\"https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2024\/10\/thumbnail-10-point-compliance-checklist-SG.png 1040w, https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2024\/10\/thumbnail-10-point-compliance-checklist-SG-300x260.png 300w, https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2024\/10\/thumbnail-10-point-compliance-checklist-SG-1024x886.png 1024w, https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2024\/10\/thumbnail-10-point-compliance-checklist-SG-768x665.png 768w\" sizes=\"auto, (max-width: 1040px) 100vw, 1040px\" \/><\/a><\/figure>\n\n\n<div class=\"wp-block-group blog-3-col-details wp-container-content-6 is-vertical is-content-justification-left is-nowrap is-layout-flex wp-container-core-group-is-layout-20 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checklist<\/a><\/h3>\n\n<div class=\"wp-block-post-excerpt has-text-color has-contrast-2-color has-small-font-size wp-container-content-5\"><p class=\"wp-block-post-excerpt__excerpt\">Get peace of mind with our 10 point HR and payroll compliance checklist. <\/p><\/div><\/div>\n\n\n<a style=\"font-style:normal;font-weight:600;\" class=\"wp-elements-9dfcbcb7662772ecb2d671e8976a6c51 wp-block-read-more has-text-color has-violet-500-color\" href=\"https:\/\/employmenthero.com\/sg\/resources\/hr-and-payroll-compliance-checklist\/\" target=\"_self\">Read more<span class=\"screen-reader-text\">: 10 point HR and payroll compliance checklist<\/span><\/a><\/div>\n<\/div>\n<a href=\"https:\/\/employmenthero.com\/sg\/resources\/hr-and-payroll-compliance-checklist\/\" target=\"_self\" class=\"group-block-link\"><\/a>\n<\/li><li class=\"wp-block-post post-20770 resources type-resources status-publish has-post-thumbnail hentry resource-type-webinar topic-hiring-onboarding industry-agriculture industry-automotive industry-business-consulting industry-childcare industry-colleges-and-sporting-clubs industry-construction industry-consumer-services industry-customer-service industry-early-education industry-ecommerce industry-education industry-entertainment industry-finance industry-financial-services industry-franchises industry-health-and-fitness industry-health-services industry-healthcare industry-hospitality industry-it-and-technology industry-legal industry-logistics-manufacturing industry-media-communications industry-not-for-profit industry-professional-services industry-public-relations industry-real-estate industry-real-estate-and-strata-management industry-recruitment industry-retail industry-stem industry-technology industry-utilities-public-services industry-veterinary-services industry-youth-services search-tags-ondemand-webinar\">\n\n<div class=\"wp-block-group has-border-color has-neutral-100-border-color has-white-background-color has-background is-vertical 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https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2024\/08\/AdobeStock_535507625-scaled-1-300x200.jpeg 300w, https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2024\/08\/AdobeStock_535507625-scaled-1-1024x683.jpeg 1024w, https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2024\/08\/AdobeStock_535507625-scaled-1-768x512.jpeg 768w, https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2024\/08\/AdobeStock_535507625-scaled-1-1536x1024.jpeg 1536w, https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2024\/08\/AdobeStock_535507625-scaled-1-2048x1366.jpeg 2048w\" sizes=\"auto, (max-width: 2560px) 100vw, 2560px\" \/><\/a><\/figure>\n\n\n<div class=\"wp-block-group blog-3-col-details wp-container-content-9 is-vertical is-content-justification-left is-nowrap is-layout-flex wp-container-core-group-is-layout-23 wp-block-group-is-layout-flex\" style=\"margin-top:0;padding-top:var(--wp--preset--spacing--10);padding-right:var(--wp--preset--spacing--10);padding-bottom:var(--wp--preset--spacing--10);padding-left:var(--wp--preset--spacing--10)\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-22 wp-block-group-is-layout-flex\"><div style=\"font-style:normal;font-weight:600\" class=\"taxonomy-resource-type eh-resource-type wp-block-post-terms\"><img decoding=\"async\" class=\"wp-block-post-terms-icon\" width=\"20\" height=\"20\" alt=\"icon-blog\" loading=\"lazy\" src=\"https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2025\/04\/Webinar.png\"><a href=\"https:\/\/employmenthero.com\/sg\/resources\/webinar\/\" rel=\"tag\">Webinars<\/a><\/div>\n\n<h3 class=\"wp-block-post-title\"><a href=\"https:\/\/employmenthero.com\/sg\/resources\/from-hi-to-hired-hire-faster-hire-smarter\/\" target=\"_self\" >From Hi to Hired: Hire Faster, Hire Smarter.<\/a><\/h3>\n\n<div class=\"wp-block-post-excerpt has-text-color has-contrast-2-color has-small-font-size wp-container-content-8\"><p class=\"wp-block-post-excerpt__excerpt\">This session will equip you with techniques to streamline hiring, enhance candidate experience. <\/p><\/div><\/div>\n\n\n<a style=\"font-style:normal;font-weight:600;\" class=\"wp-elements-9dfcbcb7662772ecb2d671e8976a6c51 wp-block-read-more has-text-color has-violet-500-color\" href=\"https:\/\/employmenthero.com\/sg\/resources\/from-hi-to-hired-hire-faster-hire-smarter\/\" target=\"_self\">Read more<span class=\"screen-reader-text\">: From Hi to Hired: Hire Faster, Hire Smarter.<\/span><\/a><\/div>\n<\/div>\n<a href=\"https:\/\/employmenthero.com\/sg\/resources\/from-hi-to-hired-hire-faster-hire-smarter\/\" target=\"_self\" class=\"group-block-link\"><\/a>\n<\/li><\/ul><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Learn about the effects of staff turnover and how to prevent it from happening in your business.<\/p>\n","protected":false},"featured_media":8247,"menu_order":0,"template":"","meta":{"inline_featured_image":false,"_lite_auth_enabled":false,"_lite_auth_trigger_method":"scroll","_lite_auth_scroll_percent":25,"_lite_auth_click_element_query":"","exclude_from_algolia":false,"reading_time":"13 min 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