UK 
United States
Few things are more important to a business than retaining top talent.
Although high turnover is indicative of deeper-rooted issues within a business, assessing the surface impact of losing your talent should be worrying enough; Acas research stated that the average cost of replacing an employee within the UK is around £30,000, with £25,000 of that cost coming from a loss of productivity in the 28 weeks it takes to get a new hire up to speed.
The remaining cost comes from the logistics of sourcing the replacement such as agency costs, advertisement fees, HR and management time and even the possibility of having to hire a temp before the new starter joins. The analysis, based on figures drawn from five different industries including legal, retail, accountancy, advertising and IT, found that the total costs for these sectors combined over the course of a year was a shocking £4.3billion.
Why do people leave a company?
