What’s the actual cost of turnover? The Society for Human Resource Management (SHRM) reported that the average cost for a company is 6 to 9 months of an employee’s salary to replace them. An employee making $60k per year is around $30-$45k to replace them, including recruiting and training costs. If you consider the turnover expense of $30k to $45k, that is close to the salary for a person in a
Employee turnover has been a major problem in almost every industry since the pandemic began. Dentistry has not been immune to this trend. Every time you have a team member leave, you have to expend resources to replace and train them. One of your most valuable resources—your time—is finite. That’s why the dental industry experts at Bryant Consultants composed this list of tips to reduce employee turnover. 5 tips to
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