06/05/2022
The disadvantage of any employee turnover is, regardless of how they leave, replacing them is expensive. According to ‘The Society for Human Resource Management (SHRM)’, the average cost of replacing a paid employee is six to nine months' salary. It's easy to understand how replacing salaried employees can blow the company's budget.
If your company is going through a high degree of unsatisfactory turnover, there are a few things to consider: