How much does it cost to leave an employee?

1. Recruitment costs

(1) "Fortune": After an employee leaves, from finding a new person to getting started smoothly, the replacement cost alone is as high as 1.5 times the salary of the former employee. If the manager leaves, the cost is even higher;

(2) Fortune 500 companies can save an average of $12 million per year by actively recruiting departing employees;

(3) The survey shows that the work efficiency of returning talents is 40%-50% higher than that of those who are really "newly hired".

The cost of personnel training

(1) The turnover cost is about 150% of the employee's annual salary;

(2) Calculated according to the skills of the employee and his level of responsibilities, after each employee leaves the company, the loss of this employee's job-hopping is 93%-200% of the salary of the leaving employee.

(3) The loss of core talents requires at least a 2-month recruitment period, a 3-month adaptation period, and a 6-month integration period; in addition, there are recruitment fees equivalent to 4 months’ salary, and more than 40% of failures Rate.

3. Personnel replacement cost

(1) The cost of replacing an ordinary employee accounts for about 1/3 of the employee's annual salary income;

(2) For positions in shortage of skills, the replacement cost is equivalent to 1.5 times their annual salary income;

What is even more terrifying is that the authoritative agency estimates that the resignation of one employee will cause about 3 employees to have the idea of ​​resigning. According to this calculation, if the employee turnover rate is 10%, 30% of the employees are looking for a job; if the employee leaves If the rate is 20%, 60% of employees are looking for jobs. Just imagine that the employees of the enterprise are busy looking for jobs all day and are in a state of wait-and-see and bewilderment. How much will the loss cost to the enterprise caused by this phenomenon?

Please be kind to your employees, especially good ones! ! !