Companies Dealing With Job Turnover

Companies Dealing With Job Turnover

Job turnover rates increase as economy improves
ALTOONA - The news is still good regarding Pennsylvania’s unemployment rate.
 
It went unchanged in June, remaining at 5.6 percent, which is still the lowest rate since September of 2008. Last year's unemployment rate for June was 7.5 percent.
 
Along with more people getting jobs, some workers are actually moving on to new ones.
 
"When they see those opportunities are becoming greater, people who have been in those positions where companies are doing more with less start to feel start to feel like they've sort of been overworked," said Kevin Gardner, Branch Manager of Manpower.
 
According to the Bureau of Labor and Statistics, turnover rates have increased since last year.
 
Tony Bambocci, CMO of Global Tel Link, in Altoona, said he's experiencing turnover with his workforce. He said the software engineering field is pretty competitive.
 
"It's a small community; there are probably four employers in the area that try to recruit from the same pool of resources in the area."
 
To cope with some the turnover, Bambocci said he's had to look into a number of things that appeal to employees. It's about more than just salary.
 
"Do you have a friend at work? Are the people that work around you capable? Is your employer fun? Do you have a 401(k) plan; does your employer match it? How are my healthcare benefits?"
 
Employees here have seen what turnover does to the work place, warning that the grass isn't always greener on the other side.
 
"Just because of the fact that when they got out there, some smaller companies don't have resources available to an individual," said Dave Prout, Technician Global Tel Link.
 
Bambocci said these turnovers can affect the bottom line, training new people takes time away from creating the actual product.
 
He said the key thing in job retention is to keep workers motivated, and with a common goal of beating their competitors

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