What Is the Cost of Losing a Key Employee?

Employee turnover can be very costly! Almost always it results in some combination of downtime, delays in getting things done, additional overtime costs, unwelcome pressures on other staff, extra recruitment costs, more hiring mistakes, additional training, lost productivity until the new person gets up to speed, loss of key accounts…etc.!

Even worse, in our modern world dominated by small, medium-sized and emerging businesses, losing one key person…one critical member, can be absolutely disastrous!

How we help:

• Diagnostic Tools: Tools & techniques designed to obtain quantifiable information regarding conditions and circumstances within your organization that “do” or “can” lead to costly turnover.
   
• Plans: Based upon information we collect regarding the causes (or possible causes) of turnover, we will provide you with a detailed plan for changing the circumstances within your organization that "erode" positive employee morale, and can contribute to unwanted turnover.
   
• Systems: For larger employers we provide employee morale surveys and/or other systems for collecting meaningful and measurable information about your turnover, information that is useful for both planning and taking proactive measures.