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fromFast Company
2 days agoThe hidden budget line destroying your bottom line
High employee turnover costs companies between $1.1 million and $4.4 million annually due to poor hiring decisions.
"We had the same turnover throughout the pandemic," Joy explained. "But we had no profit. And the reason is, we needed more people to be able to deliver the same amount of work... because we were working from home and productivity just tanked."