Articles and Advice to Build Your Ideal Hiring Process | Journeyfront

How Much Does Employee Turnover Really Cost?

Written by Rhett Nelson | Jan, 3 2019

According to the Harvard Business Review, 80% of turnover can be attributed to bad hiring decisions. This means the cost of regrettable turnover—losing employees you wanted to keep—is largely preventable through better screening and assessment processes.

Tackling turnover by modifying your candidate screening process represents an enormous opportunity for companies of all shapes and sizes. Companies that take this seriously will reap the rewards of appreciable improvement to their employee retention over time.

 

Enjoy this article?  This is a small portion of our hiring guide "The Ultimate Hiring Guide for Reducing Turnover." Take a look! 

Click here to download the complete guide