Medical devices company with ~150 employees
United States | Healthcare
~50% reduction in turnover results in $40-50K of cost savings
A medical device company addressed its turnover challenges using Analytics and Benchmarking
Due to training costs, it is important to maintain low turnover. Turnover was 2x the industry rate.
Turnover challenges solved using Analytics and Benchmarking. Filtered on turnover metric to learn that turnover was a “department-specific” problem; found high absenteeism.
HR scheduled 30-min interviews with managers in department. Appointed a different supervisor and added quality control personnel.
Problematic Department Turnover