Staffing industries cater to a variety of different industries and skill sets. Many firms spend time and resources training, hiring and recruiting new people to fill those in-demand positions. By lowering the turnover rates of your firm, you can keep costs down including those spent on insurance through World Wide Specialty Programs.
Calculating Turnover Rates
Hiring new employees is part of the
Lowered Staffing Costs
Lowering turnover rates can positively affect the firm’s bottom line. Keeping individuals in the same positions lowers the training, recruiting and administrative expenses needed to hire a new employee.
Increasing tenure and lowering turnover rates goes a long way to helping the firm decrease hiring and placement costs.
World Wide Specialty
Programs works with your firm to find ensure proper insurance coverage. Knowing your tenure and turnover rates can help determine the liabilities of the firm. They are available to guide you in your insurance needs as the firm grows and expands.