Editorial: Employee turnover is costly
August 3, 2017
Why do a story on Petersburg Borough employee turnover?
We were asked this question many times in the days
leading up to the publication of this week’s story by reporter Ben Muir.
Employee turnover is costly, for both private businesses and government. Replacing an employee requires:
• Training time
• Possible damage to equipment and property by
• Productivity losses
• Lower teamwork output
• Additional cost of overtime for remaining
employees until vacancy filled
Often managers don’t think about employee retention, because they don’t know how t...