Why does a dream employee just have to be a dream? Unfortunately, negligent hiring processes produce a high turnover rate that makes these dream employees look less and less attainable and more and more like unicorns (really appealing, but impossible to catch).
Let’s look at some average numbers:
- Let’s say an estimated cost per hire is $5,000
- Then, annualized turnover is about 25%
- And peak employment is 28 people
So the annual turnover for the average company could cost the bottom line $35,000 if not more! Find out the cost of your company’s hiring process and turnover rate by downloading our resource below.