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Employee turnover cost...150% of salary

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Uploaded by on Apr 5, 2010

Studies by Hewitt Associates indicate that it costs 150 percent of an employees base salary to replace them. Why is turnover so expensive? Among the expenses seldom considered are the costs of the employee who must fill in for the person who leaves before a replacement is found and the lost productivity while the departing employee was still in the position but not fully concentrating on their job.

As a result of this chapter /workshop/column/blog/podcast you and your organization will learn how to:
•Appreciate the huge cost triggered by employee turnover.
•Increase profits and productivity by hiring and retaining the right

To read the entire column and/or download or listen to the podcast or post a comment on the blog go to www.TheDreamSpeaker.com. Questions email Joe@TheDreamSpeaker.com

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