Staff Turnover Management

Employees leaving their employer generate a significant cost for the organisation.

Financial costs include:

• Administration (Personnel & Payroll time)
• Recruitment costs (including advertising)
• Agency fees (% of salary)
• Selection costs (interviewing time)
• Training (on-the-job)
• Temporary recruitment (Locum or 'bank' staff)

Human costs include:

• Extra workload for remaining team members
• Added stress due to increased workload
• Uncertainty about new entrant
• Potential impact on morale
• Job security concerns
• On-the-job training for new employee

The Calma Partnership can provide a range of consultancy services to help you identify why employees might be leaving your organisation (via exit interviews) and explore strategies to retain existing employees.

You may like to take the Staff Turnover Cost Calculator to see how much turnover might be costing your organisation.