bonus worksheet: calculating the high cost of turnover.
by marc rosenberg
on staffing
let’s examine the state of cpa firm professional staff turnover.
more on staffing: 8 keys to keeping staff engaged | how to create a talent management strategy | what happened to the relevancy of the cpa profession? | staffing: what cpa firms are learning the hard way
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the high cost of turnover
much has been written about the high cost of turnover. almost all estimates range from 1 to 1.5 times an employee’s annual compensation.