The ROI of Training: Measuring the Impact on Productivity and Retention

The American manufacturing sector faces a daunting statistic: the average cost of employee turnover sits at a staggering 1.5 to 2 times the departing employee’s salary. It’s a number that hits small manufacturing businesses disproportionately hard. When a skilled worker walks out the door, taking valuable knowledge and experience, it’s not just a recruitment burden. […]