Recruit Vs Retain: The Real Cost Of Hiring And Turnover

This piece explores the financial and operational consequences of hiring versus retaining employees, demonstrating that retention is almost always the more cost-effective and sustainable option. It highlights the high cost of turnover—including lost institutional memory, productivity dips, hiring expenses, and declines in morale—and explains how these factors can severely impact a company’s bottom line. Core drivers of attrition include stagnant wages, lack of advancement, poor management, and burnout. The article advocates for structured employee development through modern training tools, showing that upskilling leads to higher morale, better retention, and measurable gains in productivity. Pluralsight positions itself as the ideal partner for scalable, subscription-based workforce training.