THE COST OF EMPLOYEE TURNOVER

Most employers never factor in the cost of employee turnovers and how it can affect their bottom line. The expense of replacing those who leave an organization may be up to 200% once you factor in recruitment, training, and the loss of production while the employee is in an onboarding stage. An effective retention of positive, safety oriented, and motivated team members is vital for a company’s success in any industry and allows the company to stay competitive in the marketplace and increasing customer satisfaction rates.

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