The real cost of hiring and turnover

real - The real cost of hiring and turnover

Does it make more financial sense for your business to recruit new employees or retain the valuable ones you already have? And which tools work best for encouraging employee retention?

Picture this: you manage a group of web designers. One of your top designers and best employees approaches you to say she’s been o ered an enticing position with a competitor.

WHAT DO YOU DO?

One option could be to let her go. While it’s been great having her skills on the team, there’s a lot of other web designers looking for work. You might even be able to find a recent college grad to do the job for less pay.

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