Management Skills: Hire Right. Reduce the cost of turnover.
October 4, 2007 2 Comments
Did you know that employee initiated turnover costs $billions annually?
In 2006, we conducted an analysis for a client who had a higher than average turnover rate. It was costing them several $million per year.
How can an organisation reduce this cost?
Organisations that consider the suitability of job applicants, as well as eligibility have a better chance of retaining employees and reducing turnover rate.