Accuchex Blog

What Employee Turnover Really Costs Businesses

Posted by Leslie Ruhland on Aug 1, 2017 9:03:00 AM

No business wants to see good employees leave, but what many businesses fail to appreciate is the very real costs associated with employee turnover.

According to the US Department of Labor and Statistics, an employee leaving can cost a business up to 33% of that employee’s total compensation including both salary and benefits.

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Topics: HR best practices, recruiting and hiring, HR management practices, employee lawsuits, employee onboarding, employee turnover

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