Employee turnover is one of the largest though widely unknown costs an organization faces. While companies routinely keep track of various costs such as supplies and payroll, few take into consideration how much employee turnover will cost them:
Ernst & Young estimates it costs approximately $120,000 to replace 10 professionals.
According to research done by Sibson & […]
Businesses and Human Resource departments nationwide are turning to a new and improved (360 degrees to be exact) way of evaluating their employees. With 360 degree feedback, employers are able to get accurate reviews of their employees from those who work closest with them. Evaluations of each employee are completed by supervisors, co workers, peers […]
The sports betting industry produces billions in revenue each year. The fascinating machine behind the industry however, is the statistician, also called the bookmaker.
The bookmaker makes the odds, on which the bettors bet. It sounds simple, but consider a fraction of the factors that could go into making the odds for a MLB game:
The ballpark […]
Have you ever received an invitation or an e-mail asking you to participate in a customer service survey? Many major corporations (including McDonalds and Target) use online survey software to gather customer feedback and reviews. It’s obvious that a corporation would find direct customer feedback valuable but do you know just how valuable? If a […]
There are a handful of industries across the country that are in desperate need of workers. As a result, wages for these jobs have increased dramatically and hiring incentives are being offered for new employees. Looking for guaranteed job security and handsome wages? Perhaps you should become one of America’s most wanted […]
There are several federal regulations for businesses and their documents. Here are some of the numbers as to why the government felt they needed to regulate it a little more (some of this is all Enron’s fault!). Now risk management is essential for businesses.
picture courtesy of vgic.com
7.5 billion documents from Microsoft Office are created every […]
 Business is just that, business. For the most part, it is a very serious thing. And if you work in business, you know it can drag you down a little bit. It can suffocate sometimes. In a normal business day, you have to deal with online project management to extensive business meetings to employees that […]
For many college graduates (unless science grads) the starting salary is around $30,000. Many college graduates, despite paying thousands of dollars in tuition and taking years to complete school, end up never going into the industry related to their major. Even if they do use their college degree, they may find that they […]
Sometimes new policies at work can be a pain to adjust to. However, if the change means that my job is easier to do, or helps me save time on a task, I’m happy for the change. Luckily, this was the case recently when my company bought risk management software. Although I […]
Streaming radio over the internet has become one of the most popular ways to listen to the stations you love. MeasureCast, Inc. is the first company to provide internet radio broadcasters and other streaming media content providers with next-day audience size and demographics reports.Â
Interesting facts from their report:
-The peak Internet radio listening hour is […]