Retention Strategy

Have You Counted The TRUE Cost Of Your Employee Attrition Rate?

When one of your team hands in their notice, they take with them a lot more than just their own skills.

An employee who has become demotivated enough to leave will have been underperforming for some time, reducing their productivity and their return on your investment in them. They may even have been disenfranchised enough to have a knock-on effect on their co-workers. At best this will lead to reduced productivity across the team, at worst it can even inspire others to leave – exacerbating an already expensive situation.

Add to that the cost of recruiting, inducting and training a suitable replacement and the true cost of losing a team member could be as much as one and a half times their annual salary - a huge dent in your budget.

PricewaterhouseCoopers (PwC) estimate that attrition is costing UK employers £42 billion a year!

Recrion works with you to achieve an accurate understanding of precisely what it is that motivates and demotivates your team; what inspires them to work to their potential, and what makes them give in and leave.

To find out more about how Recrion can revolutionise the way you see your team, view our Employee Engagement Barometer TM

Client feedback

“This is a vital tool for employers to assess the suitability of a certain person’s personal profileat a very early stage to determine whether they have the correct drivers for the job role. When recruiting, it gives a detailed insight into how to manage and understand the key points that drive and motivate an individual.

For the small amount of time required to be “tested”, the volume and depth of useful information is very beneficial to any business or individual. Katherine’s insight into this subject is very detailed and I was pleasantly surprised by the accuracy of the feedback provided and the detail that was gathered by her in such a short time.”

Graham Warby, CEO, M J Warby