Show Employees Their Hidden Paychecks A top-notch workforce is essential to your company’s success. It’s always important to have engaged, loyal employees, and in an economic downturn, it’s more critical than ever to keep employee morale high to maintain the competitive edge top-quality employees bring. One way you keep your best employees on board [...]
Tag Archives: annual salary
How many employees did you replace last year?
According to HR professionals the cost of replacing an employee is conservatively estimated at 26.8% their annual salary. (It costs your company $8,040 to replace an employee earning $30,000!) –2005/2006 Employee Job Satisfaction and Retention Survey from Salary.com How many employees did you replace last year? You do the math and then compare the replacement [...]
