Calculating HR Retention Statistics

When it comes to employee retention strategies, it is recommended that HR departments utilize proven theories and strategies, rather than guesswork. It is also important to have measurable statistics, such as Employee Retention Rates and Turnover Cost, to track the effectiveness of an HR department's efforts.

Now that 2012 has become reality, figuring out employee health benefits can be a daunting task for both employers and employees.  

Earlier this month, SurePayroll announced December results for its monthly Small Business Scorecard showing a promising trend of small business owners expressing optimism about the economy. SurePayroll's Small Business Scorecard optimism score climbed to 63 percent in December compared to 53 percent in the previous two months, and up from only 33 percent in September. This would indicate a rise in small business hiring in 2012.

According to a recent 2011 survey by McKinsey & Company, up to 30% of employers will "definitely" or "probably" stop offering employer-sponsored health insurance after 2014.