The War for Talent
Part One: The Real Cost
of Employee Turnover
Do you know what your turnover is doing to your annual profit? It’s crushing it. A Cornell study found the total cost for replacing an employee could be as high as $5,864, and only 25% of that cost is for direct training. The estimated turnover for regular line employees is close to 110%.
If your bar or restaurant has a staff of just 25, with a turnover of 100%, you’re losing about $146,000. Every year.
Learn what you can do about that. Download the FREE webinar and guide, The Real Cost of Employee Turnover.