Employee turnover is enormously expensive. Studies from Bersin and the Bureau of National Affairs have recently demonstrated that the value of keeping employees can be many times greater than the cost of losing them.
When an employee leaves, financial losses to the organization are both hidden and real. These include recruitment and onboarding costs, lost knowledge, lowered productivity, training costs and overworked and disengaged remaining staff. View the Employee Turnover Infographic to see just how much money all of this adds up to.