Turnover Cost Savings
This graph represents data from a Midwestern Healthcare Center that includes a major medical center and a community hospital.
The employees included are mid-level managers, RN’s and higher.
The cost savings from turnover in this example is $5,722,500.
- Community Hospital: 57%
- Major Medical Center: 32%
Retention of RN's
This graph represents the use of the Athena Quotient (AQ) for two years in a 6,000 employee organization that is highly dependent on customer service positions.
Training costs for these positions average $20,000 each. The organization saved $2.8 million by improving retention in this area.
Also, managers felt that the quality of the employees recommended by the AQ was excellent.
Turnover Reduced: 81%