What is your employee turnover costing you?
A large part of why turnover is so expensive lies in the costs associated with recruitment of a new employee.
Studies show that it can cost up to:
- 18 months' salary to lose and replace a manager.
- 6 months' salary to lose and replace an hourly employee.
Taking into account the opportunity cost of managing a recruit internally, this free worksheet will assess the real impact that hiring will have on your company's bottom line.