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Two Useful Calculators for Employers and Job SeekersPosted by Insightlink on 01/13/16 Cost of Living ComparisonsOne of the biggest barriers to job mobililty in the last few years was a direct result of the real estate market crash in 2008. Let's say you lost your job in the big recession and after months of searching, you finally got a great job offer in your industry but that job was across the country in a new city. Fantastic, right? Except the home you bought in 2005 is now worth 30% less than when you bought it and you're underwater on your mortgage. How, under those circumstances, could you have packed up and moved across the country to take that great new job? It wasn't possible and it was a big drag on the recovery.
This handy calculator can help you make these big life decisions. The tool answers all sorts of different questions, whether you're moving, changing (or starting) careers or simply exploring the data such as:
We know there are lots of cost of living calculators out there - we like this one because it includes comparisons of up to 4 cities side-by-side, job salary information, population insights, and easy-to-understand visuals. Employee TurnoverOn the flip side, because of the improved housing market and overall better economy, it looks like employers are going to have to start worrying about higher employee turnover again. For the past 7 years or so, employee retention issues haven't been a big focus for most employers. Most of us felt lucky to have a job! But as unemployment drops below 5% and salaries begin to creep higher after years of stagnation, employees are increasingly looking to switch jobs. This could become a big problem for HR in 2016 and beyond. As an employer, do you really have a handle on what employee turnover costs you? Depending on the skill and seniority of the lost employee, replacing them could cost you a bundle. Check out this Turnover Cost Calculator which can give you some crucial insight into how much turnover really costs and why it might be time to start thinking about employee retention strategies now!
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AboutInsightlink Communications are experts in employee survey design, data collection and analysis. Since 2001 we've helped companies of all sizes measure and improve their employee satisfaction and engagement.4Cs Blog Home 4Cs Blog Archives Recent Posts
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