Staff turnover costs big money for small businesses [infographic]
This infographic was shared by TheLadders on Twitter and originally posted on Tribe HR’s Blog.
Sometimes you have to reduce expenses by laying-off workers. Replacing them later, though, can be costly for your HR department or small business.
Whether it’s recruiting, onboarding, extra salary, or something else, hiring new staff isn’t cheap. Make sure you understand the entire financial picture before you move forward with staffing changes.
The Ladders is an online service that connects career-driven professionals with the jobs and employers that are right for them.