The True Cost of High Staff Turnover

Businesses today are facing a major crisis when it comes to holding onto their employees. Not only is this influenced by the fact that a reported 87% of employees around the world do not feel engaged by their jobs, but also because the millennial generation is entering the workforce equipped with an array of valuable skills but with greater career expectations too, including more flexibility, opportunities for ongoing professional development and continuous feedback on their work.

Companies failing to meet such expectations are finding that their staff turnover rates are on the rise. This infographic takes a look at some of the costs associated with losing staff – costs that go far beyond purely financial considerations.

staff turnover infographic

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