Understanding the True Cost of Employee Turnover for Associations in 2024
PROPEL
JUNE 3, 2024
Reducing your voluntary turnover rate by 3% can result in cost savings ranging from $135,000 (association with 50 employees) to $540,000 (association with 200 employees), and that’s not just once—that’s every year. Plus, the median voluntary turnover rate among nonprofits is 13%, so you could probably save even more if you work at it.
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