|
Turnover is Expensive
HR Magazine disclosed that “the average cost of turnover is between 33 percent and 250 percent of an employee’s annual salary” based on their job description. (August, 2001, published by Society of Human Resource Management)
Reduce expensive turnover and hire only those who have a high probability of being successful. Our HR professionals help you determine what characteristics your top performers have in common. Match applicants with similar attributes for the interview and the job.
- A large food and beverage company determined that restaurants with lower turnover averaged 50% higher profit margins
- A national retail chain experienced 22% higher sales per employee in stores with the fewest turnovers;
- When a trucking company cut turnover in half, they increased profits by 50%.
Hire right the first time and increase your profitability!
|
