{"id":1,"date":"2017-08-01T20:58:59","date_gmt":"2017-08-01T20:58:59","guid":{"rendered":"http:\/\/www.profile-strategies.com\/blog\/?p=1"},"modified":"2017-08-11T16:01:28","modified_gmt":"2017-08-11T16:01:28","slug":"employee-turnover-cost","status":"publish","type":"post","link":"https:\/\/www.profile-strategies.com\/blog\/2017\/08\/01\/employee-turnover-cost\/","title":{"rendered":"Another One Bites the Dust \u2013 What Is Employee Turnover Costing Your Business?"},"content":{"rendered":"

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Finding and keeping good employees has always been a top concern for companies. This long-time challenge for employers is increasing over time. In 2016, total turnover rate in the U.S. was 18.1%, up from 12% in 1996. <\/span><\/i><\/p>\n

A job is no longer a place to put down roots and grow. The more contemporary employee mindset sees employment as a journey, with many stops to satisfy various needs; resume building, skill refinement, personal growth, and other motivations unrelated to the employer. <\/span><\/i><\/p>\n

When employees leave, they take your investment with them. So what are you spending on recruiting, hiring and training a new employee? Knowing the true cost of turnover in your organization can help identify what you can afford to spend on employee retention. You are already spending it anyway\u2026 you might as well get better results!<\/span><\/i><\/p>\n