High employee turnover is, as ever, a pressing concern for HR executives globally. When an employee decides to leave, the department is forced to readjust. A replacement needs to be hired and trained and there is an inevitable loss of productivity as the employee gets up to speed.

On top of this, rehiring places a significant financial strain on a company that is best avoided. In Canada, it has been estimated that these costs can add up to around 40% of the employee’s salary, with an average cost of $18,000. In America, a study carried out by the Center for American Progress concluded that recruitment costs can range from anywhere between 16% for unsalaried employees to a staggering 213% for a highly trained position. In the UK, an Oxford Economics study shows that the cost of rehiring is, on average, £30,614 per employee.

If your company is experiencing less than desirable levels of turnover, you need to begin to ask yourself some pertinent questions. What is it about your organization, and the way it is being run, that is putting off talented employees? How can you select and hire the employees that best suit your company? How can you keep your employees content and engaged so as to avoid the laborious and exhausting recruitment process?

Check out the list below to see if you are inadvertently the cause of your own problems and how they can be avoided.
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