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Writer's pictureAlucid Team

IT Assets: The Hidden Cost of Employee Turnover


Employee turnover is extremely costly for companies, in fact, recent studies show that it costs on average $4,700 just to hire a new employee (SHRM).  This includes advertising, recruiting agency fees, background checks on potential candidates and the time and resources it takes to interview, train and onboard.  Those costs rise dramatically, when you factor in the purchase of replacement IT equipment for your new worker.  In companies or industries with high turnover, these additional costs add up and can significantly affect your company’s bottom line.


Mitigate these unnecessary costs by having an efficient and effective IT asset retrieval system in place.  A service such as MyITRetrieval.com will streamline your return process, eliminate any hassle for former employees and greatly increase the chance of your assets coming back into the inventory pool.

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