Hiring mistakes cost an average of $14,000.
Not surprisingly, 30{0c2d428c3cefef4a77c472786cabf3d957ca1c1fde265c02f19cd1ec2d7db907} of business failures are due to poor hiring practices.
Nationwide, employment turnover averages 42{0c2d428c3cefef4a77c472786cabf3d957ca1c1fde265c02f19cd1ec2d7db907}.
With a Professional Employer you can reduce turnover 10{0c2d428c3cefef4a77c472786cabf3d957ca1c1fde265c02f19cd1ec2d7db907}-14{0c2d428c3cefef4a77c472786cabf3d957ca1c1fde265c02f19cd1ec2d7db907}.
Turnover is approached two ways:
- HIRE RIGHT. 80{0c2d428c3cefef4a77c472786cabf3d957ca1c1fde265c02f19cd1ec2d7db907} of turnover is due to bad hiring. Expand your talent pool and improve your odds of getting the right person the first time.
- RETAIN THE RIGHT PEOPLE. Easier said than done.
Keys to Reduce Turnover:
- JOB FIT. Does the Employee deliver what the Employer needs; and vice-versa?
- SUPERVISOR FIT. Supervisors are the #1 cause of job dissatisfaction. Outsourcing gives Employers success tools.
Do it all yourself, or Partner with an Expert?