Just to know your value for your company, Know the cost of your replacement. When you consider all of the costs associated with employee turnover - including interviewing, hiring, training, reduced productivity, lost opportunity costs, etc - heres what it really costs an organization: For entry-level employees, it costs between 30% and 50% of their annual salary to replace them. For mid-level employees, it costs upwards of 150% of their annual salary to replace them. For high-level or highly specialized employees, youre looking at 400% of their annual salary.
Posted on: Sun, 06 Jul 2014 11:22:00 +0000
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