Employee Turnover Costs US Businesses $1 Trillion*.
Gallup calls employee turnover the fixable, self-inflicted, problem that costs US businesses $1 trillion. The cost of replacing an employee can be up to two times their salary.
So how do you hold on to employees and create more effective teams?
Our courses offer an opportunity to connect with your new hires before they even start.
Those new to the industry gain a greater understanding so they can connect with their new colleagues on day one.
Adding education to the onboarding process has been shown to boost retention, productivity, and job satisfaction.
Motivated employees want to learn and good employers feed that hunger.
Upskilling is a long-term investment in your employee’s career.
Opportunities for personal and professional development boost employee engagement and retention. Plus, when your business shifts, people need to shift with it.
Half of all hourly workers leave new jobs in the first four months, and half of senior outside hires fail within 18 months.
The cost of replacing an individual employee ranges from .5 – 2x their annual salary.
Organizations with a strong learning culture have engagement and retention rates that are 30–50 percent higher.
What US businesses are losing every year due to voluntary turnover.