Post by shiyabul on Aug 21, 2024 6:52:04 GMT
IN NEARLY EVERY INSTANCE, THERE ARE SPECIFIC REASONS WHY EMPLOYEES ARE LEAVING, AND ONE OF THE BIGGEST IS THAT WORKERS ARE NOT ENGAGED. Thus, employee retention initiatives will continue to be doubly important for sales leaders. Their most productive sales reps may start looking for better compensation to offset surging inflation that is likely to affect the economy for the rest of this year.
How Employee Retention Rates Affect Companies https://lastdatabase.com/ Each employee exit is costing your company. Some of the costs are direct (recruiting fees, relocation reimbursements), while some are less obvious (employee morale). Here are just a few ways that losing a salesperson can negatively affect your business: Lost sales productivity. No newly hired sales rep hits the ground running and starts generating revenue.
Bridge Group, a BB sales strategy consultancy, estimates that it takes a new sales rep months from the hire date to reach full productivity. On top of that, it takes about two months to fill a sales position, according to a survey by Sciolytix and SellingPower. Thus, your company is missing out on five months of sales when a sales rep walks out the door.
How Employee Retention Rates Affect Companies https://lastdatabase.com/ Each employee exit is costing your company. Some of the costs are direct (recruiting fees, relocation reimbursements), while some are less obvious (employee morale). Here are just a few ways that losing a salesperson can negatively affect your business: Lost sales productivity. No newly hired sales rep hits the ground running and starts generating revenue.
Bridge Group, a BB sales strategy consultancy, estimates that it takes a new sales rep months from the hire date to reach full productivity. On top of that, it takes about two months to fill a sales position, according to a survey by Sciolytix and SellingPower. Thus, your company is missing out on five months of sales when a sales rep walks out the door.