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The Data Daily

How Will Big Data Change the Future of Employee Retention

Last updated: 04-15-2018

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How Will Big Data Change the Future of Employee Retention

Attrition hurts businesses. When it comes to employee turnover, around 70% of organizations report that attrition “has a negative financial impact due to the cost of recruiting, hiring, and training a replacement employee and the overtime work of current employees that’s required until the organization can fill the vacant position.”

You spend a great deal of time and money training employees. You rely on them, you entrust them with all your internal secrets, you grow attached to them in both a practical and emotional sense.


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