The Long View on Talent (and Surprising Layoff Costs)
Blu Ivy Group
AUGUST 11, 2022
The second cost: Loss in productivity. To simplify this, let’s use a modest external recruitment cost of 15% of salaries (we recently saw highs of 25% for tech talent). Productivity $62.5M. Recruitment $22M. Blog Author: Michael Hoffmann. The first cost: Severance. Let’s add all of that up: Severance $5.3M.
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