The True Cost of Employee Turnover (And How to Reduce It)

Turnover is expensive — and most small businesses underestimate the cost.

Beyond recruiting expenses, turnover affects productivity, morale, and customer relationships.

Hidden Costs of Turnover

• Training time

• Lost productivity

• Management burnout

• Payroll and benefits errors

How to Reduce Turnover

• Clear expectations from day one

• Competitive and transparent compensation

• Consistent payroll and benefits administration

• Regular check-ins and feedback

Retention improves when systems support people.