The costs of recruiting new employees, training the new employees, and suffering the initial low productivity of new employees when old employees leave is called:

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Turnover costs refer to the cost incurred by a company in hiring and training new employees to replace the ones that have left. These costs include recruitment and training expenses, as well as the productivity loss that occurs during the transition period when new employees are not yet fully productive. The efficiency wage refers to the wage paid by a company to motivate employees to work harder or more efficiently, while the benchmark wage is a wage rate that is commonly used as a standard for comparison by employers and employees alike. The marginal costs of long term training refer to the additional cost incurred when offering job training beyond what is necessary to fill a specific job opening.

The Costs of Recruiting New Employees, Training the New Employees