After loosing a team member, studies show that employers will spend the equivalent of ______ months of the original salary to recruit, replace and train the new team member.
- 1 - 3 months
- 3 - 5 months
- 6 - 9 months
- 1+ year
Match The Terms Below.
Training and OnboardingThe crucial steps that need to take place in order to bring a new team member up to speed of the company and their specific rol.
Interview ExpensesThe costs associated with the actual experience of a candidate. For example, their flight, hotel stay or meals.
Decreased EngagementThe impact that a departing team member will leave on those surrounding them. Examples of what can lead to this are overworked from departure or higher levels of stress.