High Price of Replacing Employees Highlights Importance of Retention
Adare’s most recent HR Barometer Series 8.1 included one remarkable figure that highlights the high price Organisations pay to replace Employees. The research found that the average cost of replacing an Employee in 2024 in the Munster region is €10,600, up over €3,000 from €7,321 in April 2022. Aggravating Labour Market Conditions With a skills…