more expensive to hire new staff members tangible cost MIT Sloan Business School average cost of replacing an employee amounts to 20% CBS News costs millions of dollars commonly accepted costs millions of dollars Cited from Karlyn Borysenko Cited from Karlyn Borysenko 16 y el 20% del valor del salario A report from CBS News CBS Money Watch reports about 16% of annual salary 20 percent of the person’s annual salary costs millions of dollars A report from CBS News how much it costs companies to lose their employees How much does it cost companies to lose employees? train new ones cbsnews “How much does it cost companies to lose employees?” employee costs millions of dollars Cited from Karlyn Borysenko one-fifth of an employee’s annual salary costly employee turnover Recent studies retain the employee study of 31 corporate case studies costly staff changes are expensive 20 percent of the person’s annual salary employee entre 20 e 50% employee A report from CBS News entre 20 e 50% 20 percent of a position’s annual salary American Center for Progress Studies It’s a pure cost/benefits analysis. costs millions of dollars Est. 5% reduced employment cost lose productivity