The cost of employee attrition is extremely high: it's estimated that losing an employee can cost a company up to two times the employee's salary. Attrition costs include ad spending for newly open positions and the additional time spent training new employees.
But there are the less visible but equally impactful costs. Not only are you forced to dedicate time and resources to recruiting, onboarding, and training a new hire after an employee leaves, your business simultaneously takes a hit internally while the role remains unfilled. Download this ebook to learn how employee attrition can have far-reaching implications for companies beyond just profit margins.
