Employee turnover rate refers to how many people in your company leave during a period of time. Some organizations only look at those who quit, others look at those who were fired, and some look at both. The best practice is to look at both employee turnover rates since they each tell you something very…
Termination Letter Template & How-To Guide
If you are a small business owner who needs to fire someone, it is a good idea to have a termination letter to make things official and to cover the basics of the termination for your employee in question. This article will help you create your termination letter, including two free termination letter templates. Worried…
Severance Agreement Template & How-To Guide
If you are a small business owner who needs to fire someone, you may be wondering if you need to provide severance pay, and thus, have a severance agreement. The short answer is no. However, paying severance is a good way to ensure an employee feels taken care of and is not motivated to “come…
Exit Interviews: The Ultimate Guide
If you have lost a few top performers to a competitor, exit interviews can help you to learn why this is happening. Or maybe you had to let go of a few people you were sure would be your next superstars. In this article, we’ll tell you how exit interviews can help you improve the…