Retention Cost Analysis

The cost of losing an employee in their first year of employment is estimated at three times their annual salary, plus the cost of hiring!

Even for employees who stay for longer than a year, once the costs of things like decreased productivity, lost investment in training and development, management downtime are factored in, it's easy to see how a high turnover rate can quickly impact negatively on a business and its profitability.

At Recruitment Coach, we are experts in helping you analyse your employee trends and set benchmarks for improvement. Our formula isn't highly mathematical or complex, but it is simple, practical and industry specific!

We tailor our formula to your business with a focus on employee retention and turnover improvement. This will help your business grow with employee stability and support!

We will help you answer questions such as: What level of turnover is acceptable? When does it negatively impact the performance of your business? How much is staff turnover really costing your business? Who are your 'at-risk' employees?

Let's discuss