The Cost of Training Employees Vs. Hiring New Ones [Infographic]

iStock_000012418054_Small-2Training current employees can be costly — depending on the avenue you take. You can go the expensive route of paying for classes or cost-effective ones like learning lunches. But often, managers forget how improtant professional development is for employees. And that's actually one of the top reasons why people look for opportunities elsewhere.

To put things into perspective, Mindflash put together this infographic that compares the cost of training current employees versus hiring new ones.

(Click to enlarge)

The Cost of Training Employees Vs Hiring New Ones [Infographic] by TINYpulse

 

 

Want to improve employee retention? There you've got it — leverage training and development in your organization as a way to keep people sticking around longer.

 

RELATED POSTS:

New Call-to-action

Sabrina Son

Sabrina Son

October 24, 2015

 

 

+1 (206) 455 9424 - Success Stories - Integrations - Support - Careers - Blog

Terms and Conditions - Privacy Policy - Copyright © 2020 TINYpulse