How to Protect Your Company from High Employee Turnover
NOVEMBER 1, 2016
Every manager and HR professional views employee turnover as a headache, but do you actually know how expensive and damaging it can be to your organization? Current statistics from Catalyst show that it costs an average of one-fifth of an employee’s salary to replace that person, which means that for a position paying $50,000 a year, your replacement costs will generally run over $10,000. Help your employees reach toward the future.