What’s an Employee Worth? Not Compensation! But Value?
JULY 27, 2006
HR professionals often discuss the cost of turnover. Some say that the cost is equal to 150% of the employee''s salary. The American Management Association uses the figure of 30% of salary. When I''m doing ROI calculations, I usually use a very conservative 25% so as not to oversell my case. But can you really come up with an average value of what an employee brings to a company based on their