ABSTRACT
A company’s employees are its single greatest asset-and investment. Currently, there is a war for talent as organizations compete vigorously to attract and retain high-performance individuals. One consequence of this war is that companies are substantially increasing their resources in both time and money to train, develop, and compensate their best employees. Like any investment, however, there is a risk and, unfortunately, some individuals turn out to be a poor match for the position. When employees leave an organization (whether voluntarily or involuntarily), a significant portion of the company’s investment in those individuals is lost. Chally provides an online tool to identify the costs of losing valuable employees-the Employee Turnover Cost Calculator.
