Your employees really are your greatest asset and retaining them is just as important as finding them. Average employee turnover within the accounting and financial services sectors is recognised to be between 15-25% annually. With the increasing influence of generation Y in the employee market these levels are going to continue to rise.

High staff turnover impacts heavily on morale, and increases stress levels when employees are loaded with extra work to cover for departing staff. Not to mention the negative affect staff turnover can have with your clients.

The costs of replacing qualified staff can be up to three times the salary of the employee. When you take into account recruitment fees, loss of productivity, potential loss of clients and or additional staff, in addition to the resources and training which have often been invested in your employees, the cost of losing a staff member is unquestionably significant.

All forward thinking businesses will continue to be proactive and innovative in the way that they compete for talent. The talent pool for quality candidates continues to shrink, therefore placing greater emphasis on retaining your current staff. In addition to assisting you in finding suitable staff, at Axiom Recruitment we will work with you to ensure that you have the appropriate strategies in place to retain them.