Employee Retention

Replacing an employee can cost you as much as twice the value of his or her salary. Among the hidden costs are advertising, recruitment services, testing, interviewing, unemployment compensation, legal costs, training… the list goes on and on. Further, open positions and lost training time affect other employees — decreasing productivity and costing you even more money.

Fortunately, research shows that properly designed HR systems can reduce turnover by an average of 48 percent by effectively improving employee retention. You can eliminate the root causes by collaborating with Catalyst Connection experts. They’ll work with every level of your organization to identify both qualitative and quantitative causes of turnover. Once the trouble spots are identified, we’ll assist you in creating the right solutions and implementing corrective actions.

Benefits

Your company can apply our analysis and recommendations to:

• Eliminate conditions that cause and contribute to turnover
• Cut hiring and replacement costs
• Attract and keep high-quality employees