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Employee Retention

Companies need to look at how to retain candidates that they recruit and hire. Losing employees almost always results in significant costs to the corporation.

How much does it costs to recruit and hire a new employee?

We asked Employers and Recruiters: What is the average cost to hire and train a new full-time employee at your firm?

CW

  • Under $5,000: 8%
  • $5,000-$10,000: 28%
  • $10,000-$15,000: 48%
  • $15,000+: 16%

DS

  • Under $5,000: 0%
  • $5,000-$10,000: 66%
  • $10,000-$15,000: 22%
  • $15,000+: 12%

MBA

  • Under $5,000: 0%
  • $5,000-$10,000: 48%
  • $10,000-$15,000: 40%
  • $15,000+: 12%

CX

  • Under $5,000: 2%
  • $5,000-$10,000: 56%
  • $10,000-$15,000: 42%
  • $15,000+: 0%

Employee Retention

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