4). Employee Retention: What Employee Turnover Really Costs Your Company By : Ross Blake
It’s one of the largest costs in all different types of organizations, yet it’s also one of the most unknown costs. It’s employee turnover.
Companies routinely record and report costs such as wages and benefits, Workman’s Compensation Insurance, utilities, materials, and space, yet most companies have no and report the cost of employee turnover. It can be much higher than you think.
Article Related to: employee retention, employee turnover, turnover cost calculator