Employee Retention and Turnover: The Cost of Employee Turnover

Created by: HSI - Health & Safety Institute Top Author
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Last Updated 02/2026
English
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Amendment 42-24 Authorized for use 1 January 2025 / Mandatory 1 January 2026

Description

Do you know what it costs your company when someone quits their job? There are monetary and non-monetary costs involved, and we can assume they aren't pretty. In this course, we'll talk through these specific costs and how they affect your bottom line. This includes calculating quit rates, the costs of hiring and onboarding, and the price of lost productivity. We'll also go over how employee turnover can impact your company's morale and reputation.

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