Staff turnover costs big money for small businesses [infographic]

Posted on September 23, 2011 by Leave a Comment

Sometimes you have to reduce expenses by laying-off workers. Replacing them later, though, can be costly for your HR department or small business.

Whether it’s recruiting, onboarding, extra salary, or something else, hiring new staff isn’t cheap. Make sure you understand the entire financial picture before you move forward with staffing changes.

TribeHR can help your small or medium business save money by reducing your administrative, operational, and recruitment costs. Take a tour of our HR software, subscribe to our HR RSS feed, and follow us on Twitter for great updates and free stuff!

comments powered by Disqus

Experience TribeHR for Yourself
Contact us to schedule a demo of TribeHR.

Book A Demo
The Latest from Workplace Tribes
Two Approaches to Calculating Bonuses August 20, 2014
Creating a Path for Growth August 18, 2014
3 Things HR Can Learn from Great Customer Service August 15, 2014
Brain Health and Workplace Performance August 13, 2014
Are Leadership Skills Transferable? August 11, 2014
 
Presentation Skills - Using the Tools of the Speakers Trade August 08, 2014
Communication: Words Matter August 06, 2014
Paid Wedding Leave – Not! August 04, 2014
How Not to Communicate Mass Layoffs August 01, 2014
20 Secrets of the World’s Greatest Coaches July 30, 2014