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The Cost of High Employee Turnover Rates

By Steve Malkin

The cost of replacing workers can hurt an employer's wallet in more ways than just one. Some of these costs include paying overtime to existing workers, conducting interviews with prospective job candidates, lost productivity, lower morale throughout the workplace, training candidates, employee background checks, and remuneration packages. But just how much exactly does it cost to replace a … [Read more...]

Filed Under: Blog Tagged With: hiring emplyees, pre-employment screening, turnover rates

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