What is Executive Turnover costing you?
As much as 80% of employee turnover is due to bad hiring decisions (HBR). At the executive level, these poor decisions have startling (some would say hair-raising) ramifications on both the productivity and bottom line of an enterprise. To help you discover the true cost of a bad executive hire, use our calculator, which reflects all of the real costs associated with executive turnover, including:
- Replacement Costs (resume screening, interviewing, travel, etc.)
- Onboarding and Orientation Costs
- Separation Costs (exit interviews, admin, severance pay, outplacement, lawsuits)
- Loss of Productivity (not counting team morale, which is compounded when the individual is at the executive level)
Estimate the cost of bad executive hires below.