The cost of recruiting,selecting,and training a new employee is usually more than 100% of that employee's annual salary.

Question

Quizplus · Accepted Answer

Research shows that the cost of recruiting, selecting, and training a new employee can range from 90% to 200% of their annual salary, depending on factors such as the type of position and level of seniority. This means that the cost of replacing an employee can be significant, making it important for employers to focus on retaining their current employees.

The Cost of Recruiting,selecting,and Training a New Employee Is Usually