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Understanding the Financial Impact of Turnover

Employee turnover doesn't have to be the cost of doing business.

As the gap widens between the expectations of business leaders, changing employee preferences and the role HR currently plays in business transformation, it’s more important than ever for HR professionals to step into the role of strategic workforce advisors. An estimated 41 million people voluntarily quit their jobs last year, according to a study done by the Work Institute, and that metric is only expected to increase. Understanding how to effectively combat turnover is a hot issue for employers, and HR professionals need to be prepared with insights to strategically reduce turnover rates and secure their roles as strategic advisors for the organization. Tune in to discover why addressing unnecessary turnover is such an important strategy for HR professionals.

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