Tag - turnover cost

Employee turnover impacts direct and indirect costs, which is why it is important to conduct a cost of turnover analysis.

The 3 Metrics That Turn Down Employee Turnover

The word turnover means more than a number calculation. Losing good employees is one of biggest drains on a company’s bottom line, yet organizations consistently overlook or miscalculate what it truly costs.  A Cost of Turnover analysis that gets to the bottom of what really matters – what turnover costs, why it costs, and how to fix it — goes beyond simple multiplication and division. Through a better understanding of these 3 hidden factors, organizations can turn up the [...]