Turnover comes at a high cost, both financially for the business and emotionally for the employees who’ve been left behind. Culture Amp’s people scientists have found that replacing an employee can cost anywhere from 30% to 200% of a person’s annual salary.
Today, millions of people are leaving their jobs in a phenomenon now known as “The Great Resignation.” One survey found that as many as 95% of employees are thinking about leaving their jobs.
But, your employees don’t have to be part of this statistic. Turnover is preventable, and there are actions your organization can take right now to engage and retain your employees.