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One of the best ways to measure the happiness and efficiency of your employees is by measuring your turnover rate.
This calculation takes into consideration the cost of termination, hiring and training new staff.
Total cost per hire takes into consideration the direct and indirect costs of recruiting and training a new employee.
Helpful Links
Dept. of Labor (D.O.L.) - The Department of Labor (DOL) fosters and promotes the welfare of the job seekers, wage earners, and retirees of the United States.
Occupational Safety and Health Administration (OSHA) - OSHA's mission is to assure the safety and health of America's workers by setting and enforcing standards; providing training, outreach, and education; establishing partnerships; and encouraging continual improvement in workplace safety and health.
