Imagine the devastation your organization could experience if you lost your best, most well-trained, highest producing employees. How can you prevent that calamity? Take into consideration:

• Customer service disruptions; potentially losing profitable clients.
• Opportunity costs incurred: hiring replacements and their learning curves.
• Your competition could obtain your best employees and their portfolio of clients.
• Immediate employee turnover costs are usually considered equal to the employees total annual salary (costs could be much higher when losing “top talent”). Read the rest of this entry »