Quality Publication | Affordable Price | Happy Authors
The Financial Impact Of Employee Turnover
Fifty-eight percent of organizations claim that they have troubles retaining employees. Estimates for replacing an employee vary from 30% to 200% of an employee’s annual salary depending upon their level with the company. Organizations with high turnover are losing future leaders and innovators. Indirect costs involved in replacing employees include the recruiting, hiring, and training of the departing employees’ replacements. Organizations do not seem to think twice about securing and insuring easily replaceable physical assets, but they adopt a different attitude concerning their knowledge worker’s real source of value.
Download
Instant paper submission
Free plagiarism checking
No copyright transfer
Subject specific journals
Author loyalty reward

You may like to read


Assessing The Moderating Effect Of Age On Employees Job Satisfactions In The

Assessing The Moderating Effect Of Gender On Employees Job Satisfactions In The

Effect Of Extrinsic Motivational Factors On The Employees Performances In The Public

Effects Of Motivation On Public Sector Performance: A Case Of Forestry Research Institute

Influence Of Talent Attraction On Knowledge Retention In Government Ministries In Kenya

Influence Of Human Resource Maintenance Training Practice On Employee Engagement In Nigeria