Increasing Retention, Reducing Turnover

Depending on your industry, employee turnover runs between 100% and 200%.*

Measurable direct costs include advertising, training, interviewing, employment testing, processing, and background checks.*

Opportunity costs include cashier errors, paperwork mistakes, improper POS usage, and inventory shrinkage.*

The biggest cost of turnover is lost customers who, because they are underserved, take their business elsewhere.*

Mitigating this expense by 1 employee per store per year will save the company at least $6,000, based on a $10 per hour wage.*

ADS more than doubles the ability to retain employees by providing clear and accountable organizational direction, immediate and consistent supervision, easy directions for improvement with feedback, clear advancement goals, and expectations and training with organizational accountability.

 

*Source - Coca-Cola Research Council Study