Talent Acquisition and Retention Specialists

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The U.S. Labor Department estimates turnover costs for employees earning $25,000/year are $7000/person. For a company with 100 exits a year, this amounts to $700,000. When an employee’s average earnings are $50,000/year, the cost of turnover is $15,000 per exit or $1,500,000 per year for 100 exits.

The U.S. Bureau of Labor Statistics projects that we will have 167,754,000 jobs in the employment market in 2010. At the same time, we will only have 157,721,000 people in the labor market—a shortage of 10,033,000 workers!

The most successful companies will be the ones controlling both the Front Door (Hiring) and the Back Door (retention). PMA is the Talent Acquisition and Retention Specialists.





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