What is New- Hire Turnover? | Meaning & Definition | Akrivia HCM

New-Hire turnover has a dramatic impact on inbound hiring expenses. The efficiency of your hiring process is measured in the productivity of your new hires and the costs associated with replacing them. When someone leaves your organization, you lose more than just the employee’s previous job duties. Often, you’ve invested in their training and development. To efficiently design an exit strategy for a poorly performing employee, you first need to understand how much turnover can cost your business.

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