Payday HCM Blog

7 Employee Retention Metrics and How to Use Them

Jan 11, 2024 10:17:31 AM / by Kristi Feist posted in Employee Retention Credit (ERC), Employee Experience, Employee Retention Metrics

On average, the total cost of hiring a new employee can be three to four times the position's salary. The true cost of hiring an employee goes beyond just paying their salary. It includes recruiting, training, and...

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