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 […]
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Multiply the number of hours you work per week by your hourly wage. Multiply that number by 52 (the number of weeks in a year).