U.S. businesses lose approximately $11 billion annually due to...

by Duncan
Employee_turnover

U.S. businesses lose approximately $11 billion annually due to... employee turnover, according to a new Bureau of National Affairs study "What Drives Employee Engagement and Why It Matters".

”With recruiting costs running approximately 1.5 times annual salary,” the study added, “the ability to engage and retain valuable employees has a significant impact on an organization’s bottom line.”

Source: http://www.forbes.com/sites/victorlipman/2012/12/14/study-explores-drivers-of-employee-engagement/

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