Retaining Employees is Cheaper Than Hiring New Ones [Infographic]


Retaining Current Employees is Cheaper
Infographic: Mindflash.com

If you think that hiring new employees will give you back the lost productivity when the tough economic times have passed, you are kidding yourself.

Employee retention is the key to keeping above water in a downturn; loyalty and morale is always higher when an employer invests in the existing workforce.

Recruitment, hiring and training are often an unavoidable facts of life, but keeping your current employees happy can be the secret to higher productivity and lower turnover.

Why replace, when you can inspire–and retain?

According to this infographic by Mindflash.com, retraining existing human resources will be more effective—and less expensive.

Infographic after the jump…

Retaining Current Employees is Cheaper
Infographic: Mindflash.com
Subscribe to HRNewsDaily to WIN!
Subscribe to HRNewsDaily to WIN!

3 thoughts on “Retaining Employees is Cheaper Than Hiring New Ones [Infographic]

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s