The 5 Primary Costs of Employee Turnover and How to Manage Them
Zenefits
NOVEMBER 8, 2022
A high turnover rate deals damage from multiple angles, from the expense of recruiting and training new hires to the loss of institutional knowledge and a tarnished reputation. Only then can you develop a proper action plan. In this article, we discuss 5 primary costs of employee turnover: Recruitment. Short-staffing.
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