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The cost of replacing an employee – it’s more than you think

Workable

According to SHRM, the average monetary impact of a hiring process was $4,425 in 2017. Bora Kim , Workable’s Corporate Strategy Analyst, contributed to this report. Replacing an employee is a process, but the cost of replacing an employee makes it worse. Consider these scary statistics, for instance: $14,936.

article thumbnail

The cost of replacing an employee – it’s more than you think

Workable

According to SHRM, the average monetary impact of a hiring process was $4,425 in 2017. Bora Kim , Workable’s Corporate Strategy Analyst, contributed to this report. Replacing an employee is a process, but the cost of replacing an employee makes it worse. Consider these scary statistics, for instance: $14,936.

article thumbnail

The cost of replacing an employee – it’s more than you think

Workable

According to SHRM, the average monetary impact of a hiring process was $4,425 in 2017. Bora Kim , Workable’s Corporate Strategy Analyst, contributed to this report. Replacing an employee is a process, but the cost of replacing an employee makes it worse. Consider these scary statistics, for instance: $14,936.