Monday, June 29, 2015

How Much Does Employee Turnover Cost You?

There are various ways to calculate the direct and indirect costs of replacing employees. There's no question, however, that it does cost companies much more in both time and money to replace a good employee that it does to keep them happy and engaged (especially long term employees with a great deal of institutional knowledge). Here's a Quora discussion on the topic with a few useful links.

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