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Every business experiences it but do you know what it actually costs your business?
Input your numbers into our calculator below to get a general estimate.
Average Annual Salary of an Employee
Number of employees replaced, terminated or left on their own will in 1 year.
Employee Turnover is costing you...
Don’t take our word for it, the accuracy of this method of calculating true business cost as a result of turnover is consistent in the research done by all 5 of the top leading information research companies.*
Despite this universally consistent calculation, you may still feel the number you are looking at to be impossible and far from accurate; and that’s understandable. So let’s be
ultra conservative and assume that the leading information technology companies are wrong
cut those results in half;
can your business afford to waste even this amount next year?
Let's see what half looks like...
Cutting it in half, it's still estimated to cost you...
You can continue to waste the money in excessive turnover or invest in developing your team, improving performance and driving profits.
Now you're asking
"What's the solution?"
Every situation is unique which means there is no one perfect approach to reducing this cost and improving performance for everyone. The actual solution is different for each company we work with, however our approach to arriving at that solution is an established three step process.
1) We always begin with a thorough consulting period to learn the root cause of the opportunities we have to capitalize on.
2) Once the initial consultation period is complete we explore the best solutions to reach your business goals. Identifying who we must engage and with what methods to change behaviors and arrive at our desired outcome.
3) Once a solution is agreed upon we design and schedule a plan to execute that includes everything from content and materials to after action processes to measure and ensure sustained results.
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