Turnover costs money. Real money. Money that would have bought new equipment, better benefits, or expanded marketing. What are the major costs of turnover at your organization? A true Cost of Turnover Analysis takes 3-4 weeks. There are 151 variables to calculate, including: 1) The time it takes for a new employee to get 100% productive; 2) The cost of missed deadlines; 3) The price of a lost customer; 4) The impact on remaining employee performance; and more. To start, download this free turnover cost checklist to identify which of the most common variables contribute to your employee turnover costs.
Retensa, the Employee Retention Experts