The Average Cost of Employee Turnover in Canada Is Now Over $30,000

Written By Terri-Lynn McKillop

Hiring the wrong person doesn’t just cost time — it costs money.

A recent report shows that the average cost of employee turnover in Canada now exceeds $30,000.

What’s Driving These Costs?

Turnover costs include:

  • Recruitment expenses

  • Training time

  • Lost productivity

  • Team disruption

Where Employers Go Wrong

Many businesses:

  • Rush hiring decisions

  • Fail to properly vet candidates

  • Don’t support employees after hiring

How to Reduce Turnover Costs

You can reduce turnover costs by:

  • Improve your hiring process

  • Set clear expectations early

  • Focus on retention, not just recruitment

  • Document performance and feedback

Final Thought

Turnover isn’t just an HR issue - it’s a business cost.

Better hiring decisions today = lower costs tomorrow.
Thunder HR helps you make confident, compliant HR decisions from day one.
app.thunder-hr.com

Terri-Lynn McKillop
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