The Globe and Mail released an article today for small businesses discussing the best tactics for keeping employees from leaving their company. The article claims that the cost of hiring a new employee after losing one (factoring in things such as severance pay and recruitment fees) can be 200 percent of the original employee’s salary. It is stated that the main reason companies lose employees is because they hired them for the wrong job in the first place. One of the questions that companies should ask themselves is “Can you tie significant changes in the (employee turnover) rate to the workplace’s physical environment?” The environment that the company creates can be a huge factor in why an employee would want to leave.
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