Editorial: Employee turnover is costly

Why do a story on Petersburg Borough employee turnover?

We were asked this question many times in the days

leading up to the publication of this week’s story by reporter Ben Muir.

Employee turnover is costly, for both private businesses and government. Replacing an employee requires:

• Training time

• Possible damage to equipment and property by

inexperienced employees

• Productivity losses

• Lower teamwork output

• Additional cost of overtime for remaining

employees until vacancy filled

Often managers don’t think about employee retention, because they don’t know how to measure the impact. One...