How to combine employee retention bonuses with recognition for maximum impact
Achievers
DECEMBER 19, 2024
Did you know that for entry-level positions, turnover costs range from 30% to 50% of the employees annual salary ? Or that for mid-level roles, its 125% to 150%, and for high-level or specialized positions, the cost soars to an eye-popping 400%? Beyond the financial hit, high attrition drains morale, disrupts workflows, and impacts overall productivity.
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