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Profile XT and Turnover

“Employee Performance Solutions”

Assume:

  • A company has 100 employees.
  • Turnover is only 20% per year.
  • Cost of turnover is 3 months wages (very conservative).
  • Average wage is $9.00/hr. plus 20% benefits.

Existing yearly turnover cost = 100 employees X 20% X $5,616 (including benefits) = $112,320 per year.

The Profile XT can typically reduce turnover by 50%. The yearly savings is = $56,160.

The yearly cost of using The Profile XT after the initial study = $7,200 (3 Profiles per hire).

Return On Investment (ROI) = $56,160/$7,200 = 780% !!!

This is why so many organizations are using The Profile XT!

 

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