Talent Waste
Did you know that:
• 80% of employee turnover is due to bad hiring decisions
• 30% of employees leave within their first year
• The cost of an employee leaving is on average £12,000
Talent Waste is what happens when you can’t retain employees and they leave. Talent Waste exists for many reasons – poor hiring decisions, bad cultural fit, unconscious bias, insufficient onboarding processes and lack of learning and development pathways.
Find out how Talent Waste is affecting your business with our calculator. Enter the number of hires you make each year, and then move the slider to see how your retention rate affects your annual rehire cost.