One of the most overlooked major expenses of a business is high turnover. This comes from employees that are dissatisfied, disengaged, or simply a bad fit for your business – but many businesses chug along, hiring and rehiring, training and re-training, without breaking down just how much money all of that is costing them. Well, I’m here to tell you: it’s a lot.
Instead of continuing to make bad hires and hemorrhage employees, why not focus on how to hire better workers and keep them longer? Let’s talk about how to do that.