High Turnover is Bad For Business – Strategic Planning Can Help

High turnover is expensive – the time and money invested in staff who have left will need to be invested again for the training of new staff, and there is the additional cost of time and money spent on recruitment and hiring. Additionally, organizational culture and productivity can suffer if staff turnover is frequent. From a capital perspective (both financial and human), it is important for organizations to focus on employee retention as a part of their business strategy.

More information: https://www.smestrategy.net/blog/high-turnover-is-bad-for-business-strategic-planning-can-help

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