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What Is Churn Rate: Understanding Employee Churn Rate

What Is Churn Rate: Understanding Employee Churn Rate

Churn rate is the term used to measure the number of customers or employees leaving a company over a certain period of time. And for a company, keeping track of the changes in its churn rate can provide valuable insights into the trends of its business. …
How To Bounce Back After Getting Laid Off

How To Bounce Back After Getting Laid Off

Getting laid off from a job is never an easy scenario to find yourself in, whether you knew it was coming or were completely taken off guard. This is not, however, the moment to curl up and hide. Instead, take these measures to get back on your feet after being laid off. …
New Dimension of HR Role During a Recession

New Dimension of HR Role During a Recession

During a recession, HRM able to identify the top potential in the organization quickly as the the firm reorganize and reengineer to reduce waste. …
Tips to Ensure Your Career Is Recession-Safe

Tips to Ensure Your Career Is Recession-Safe

The recession is so scary as it often leads to widespread job losses and a sense of insecurity. Read these tips on how to make your career recession-proof and safe from future recessions. …
Is a Layoff Coming? Ways to Prepare for it

Is a Layoff Coming? Ways to Prepare for it

Layoffs are an awful reality for some businesses and people. But, if you haven’t been laid off before, you almost certainly know someone who has. According to Challenger Gray & Christmas, the number of job cutbacks disclosed by US firms increased by 106% from December 2019 to January 2020.  Companies are continually changing, and the …
How Do You Decide Who Stays and Who Goes?

How Do You Decide Who Stays and Who Goes?

Technology and ever-increasing transnational competitive pressure are altering the very essence of employment. To stay up, many businesses have been forced to reconsider their labour plans, resulting in abrupt and unpleasant adjustments.  They usually resort to sporadic reorganization and periodic layoffs, which harm employee engagement and corporate revenue in the long run. Layoffs occur more …