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John Cello Consulting

Phone (864) 617-4743
eFAX (203) 632-4743
200 Waites Lane
Anderson, SC  29626

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Employee Retention

 

 

Employee attrition could affect 40% of your profits. You've hired the right employees, now retain and grow them while keeping the money wasted on attrition in your bottom line.


In a company with 250 employees earning an average annual salary of $35,000 each, standard attrition rates (14% for clerical workers, 12.5% for professionals and 5.5% among managers) collectively cost more than $1 million per year.


If this same company has annual revenues of $25 million and a profit margin of 10%, this attrition loss would represent 4% of total revenues– and 40% of profits.


If your company’s attrition rates match these, or if you don’t know what your attrition rate is, we can help you stem the tide of loss and add profit back to your bottom line.


The first step is to to determine the cost of attrition to your company. Use our calculator to determine what attrition is costing you. Click here to use our calculator.


If you decide your organization could use some help in this area, call us today to schedule an appointment, or click here to use our information request form.

 

Page Last Updated Friday, December 28, 2007
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