This measure provides an indication of how much it costs to replace an employee. This cost may be more significant to organisations with a high employee turnover. Areas to consider include personnel time (HR and/or appropriate manager(s)), agency/outsourcing fees, advertising, administration, temporary staff coverage, pay overlap of incoming and outgoing employee, special pay-off conditions for…

BPIR Categories

9.3.3 Recruit, select & hire employees
15.4.5 Employee recruitment, retention, succession plans

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