Is your business throwing away money? SHRM, the Society for Human Resource Management, estimated that it costs $3,500 to replace one $8.00 per hour employee when all costs—recruiting, interviewing, hiring, training, reduced productivity, etc.—were considered. This paper will tell you how to not only save money but improve your human resource talent. It provides a step-by-step approach for assessing and matching the leadership skill set of a new hire or promotion candidate with the skill set best suited for a specific job. Plus, learn how your firm can implement an assessment-based program to reduce turnover costs, improve retention, and select the best candidates for leadership roles.
money cycle diagram