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HRL Update: Human Resource Development

HRL Update: Human Resource Development. August 2, 2018. Orientation and New Hire Quiz. Approximately how many employees does Auburn hire each year? 500 What percentage of employees who leave organizations do so in year 1? 50% How many of them leave in the first six months? 51% +

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HRL Update: Human Resource Development

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  1. HRL Update: Human Resource Development August 2, 2018

  2. Orientation and New Hire Quiz • Approximately how many employees does Auburn hire each year? • 500 • What percentage of employees who leave organizations do so in year 1? • 50% • How many of them leave in the first six months? • 51% + • It costs the equivalent of how many months salary to find and replace them? • 6-9 months • What is the average cost in salary percentage to replace an employee? • (Range: 16% to 213%) Average is 114%

  3. Replacing the 500 who leave • 6-9 Month Salary Study: • Employee salaried at $60,000 costs $30,000 to $45,000 to replace. • Percentage Study: • (Range: 16% to 213%) Average is 114% • Going below the average at 100%: • 40,000 salary = $20,000,000 Cost to Auburn Equifax 2016 SHRM 2017 Center for American Progress

  4. NEO Paperwork & Process: • Three Days Prior– That’s Monday COB. • You can submit early to HR Records! • Provost sends everything campus mail– please help hurry it along • Please forward the HRL Connection Newsletter Info to your hiring supervisors • Any ideas for us? How’s it going so far? • orientation@auburn.edu FULL FULL

  5. Thanks and Coming Attractions • Performance Management Process • Focus Groups w/ Supervisors • August 28 & 30/ September 4 & 6 • Fall HRD Schedule

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