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The Outrageous Business Cost Of Employee Turnover
Essay specific features
Written by:
Juan T
Date added:
December 17, 2014
Level:
University
Grade:
A
No of pages / words:
4 / 1025
Was viewed:
8790 times
Rating of current essay:
Essay content:
In fifteen national studies on the turnover cost of an $8.00 per hours employee, using the average of three highly respected organizations, SHRM, AMA and the DOL, the average cost was $4277.68, or 25.7% of this employee's annual wage. (if you would like a copy the results of these 15 studies, send me an email at steve@retainingprofits...
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And believe me you will probably be shocked by the results if you have not tried this before.
Starting Assumptions In order to do this exercise, we need to start with a few basic assumptions. The first is that you know or can find out how much certain things cost, both in money and time. The most important of these is the value of your own time to your business...
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