Latest / The Leverage Podcast with Kevin Johnson
What Does Losing an Employee Actually Cost You? The Answer Will Surprise You.
Most practice owners think employee turnover costs them the time and inconvenience of finding a replacement. The real number can be dramatically higher.
In this episode, Kevin Johnson explains why replacing a single employee can cost anywhere from 100% to 200% of that person’s annualized salary once vacancy losses, recruiting, onboarding, training, reduced productivity, mistakes, and team disruption are taken into account.
Kevin also examines one of the most overlooked retention tools inside a practice: the raise conversation. He explains why employees should know exactly what skills…
The skinny
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