Business Quote by Shawn Achor
“Turnover can be one of the most expensive problems at a company.”
About This Quote
Source Book: The Happiness Advantage, 2010
High employee turnover incurs significant costs for organizations, affecting finances and morale.
In simple terms: Turnover is costly for companies.
Reduce turnover to save money.
Themes
Mood
Type
When to use this quote
- HR strategy
- budget planning
- team building
- performance reviews
Key Concepts
Questions to Reflect On
- What drives employees to leave?
- How can culture improve loyalty?
Retention efforts may not address deeper systemic issues.