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6 Reasons Why You Should Get Serious About Attrition

The average logistical cost of
attrition is £27,000

Lost productivity can reach
costs of up to £40,000

Only 1 in 3 leaders believe their
labour turnover is right

Replacing an employee can cost
up to 15x their salary

UK businesses turnover
15% of staff every year

More than half of employees don't know how
they contribute to company goals

When one of our clients – a fast growth SME – asked us to recruit their tenth replacement in two years,
we sat down with them to put a price on their turnover problem.

We looked at a range of costs including hiring, onboarding, training, lost productivity, management time and client loss due to staff shortage.

Having lost ten people in two years, we discovered their true cost of attrition was over £700,000 – circa 25% of their annual turnover.

Clearly, this is an enormous sum of money; cash that could have boosted the bottom line, hired additional headcount to grow the business, or been invested in new technology and training to improve productivity. Despite the huge financial implications, the lost opportunity proved to be even more significant.

We’ve developed a unique service which combines your real data with industry expert advice
to ensure you get the best from your employee journey.

​Ready to unlock the potential in your business?​

Meet ​The Team.

Richard Gahagan


Vanessa Jackson

  • ​Start Ups

  • Raising finance

  • Hiring & Growth

  • Competing for talent

  • Culture

  • Attrition & Retention

  • People Data Analytics

  • Legal knowledge for commercial business

  • ​Culture

  • Talent attraction

  • Strategic resourcing

  • HR transformation

  • Commercial analysis of people effectiveness

  • Employee Value Proposition

  • Hiring & Growth

  • Attrition & Retention

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