
Employee churn costs about $60,000 per employee, without taking into consideration the indirect costs such as lost business, lower morale, lost productivity, and the time and resources spent on candidate selection before hiring someone.
As a manager, preventing that from happening should be one of your top priorities. You can’t have a productive, successful team if you’re always training new members.
This Process Street post will cover why churn happens — specifically among Millennials and Gen Z in the post-pandemic job market — and what you can do to prevent it.
- Are we heading towards the Great Regret?
- Employee churn: Prevention is better than a cure
- Improve recruitment & prevent churn with process automation
Let’s get started.
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