Turnover
Gallup Business Journal estimates that, in the United States alone, $11 Billion is lost annually due to employee turnover. Harvard Business Review estimates that employers spend an average of $3,300 per hire to recruit the right person. In Saudi Arabia, for example, the process of transferring the sponsorship of the chosen candidate can alone cost close to the equivalent of $1,500.
Gallup Business Journal estimates that, in the United States alone, $11 Billion is lost annually due to employee turnover. Harvard Business Review estimates that employers spend an average of $3,300 per hire to recruit the right person. In Saudi Arabia, for example, the process of transferring the sponsorship of the chosen candidate can alone cost close to the equivalent of $1,500.
In today's knowledge economy, people are often an organization's most valuable asset, making bad hires and the loss of talented employees extremely expensive.
In today's knowledge economy, people are often an organization's most valuable asset, making bad hires and the loss of talented employees extremely expensive.