Vet Clinic Employee Turnover - how to calculate the real cost - ep 064

Vet Clinic Employee Turnover Costs & CompositionToday’s show is the first of a multi episode series focussed on helping vet clinics retain the top performing vets and vet nurses in your clinic and then how to attract more vets and vet nurses like them.Specifically, today, we’re going to be looking at the cost – because it is - of employee turnover.  I think the numbers might surprise you – because we’re going to be talking in real terms. When you lose a team member it comes with a very definite measurable COST.  The only time losing a staff member can be regarded as an investment is when it’s the case of one bad apple contaminating the rest of the barrel;   one team member whose rotten attitude is at risk of causing everyone else on your team to leave.The following points / questions are answered today:How would your team answer the  weekend BBQ "what do you do" question?Vet clinics that pay high and disrespect their staff are bribing themIt takes years to turnaround a bad employer brand reputationEmployee Turnover | Employee EngagementHow to calculate your vet clinic's employee turnover ratioReplacement Components of Employee TurnoverDeparture components of employee turnoverCost of Departure GapDifferent components of Cost of Employee TurnoverCreate Employee Retention Investment Fund One resignation leads to more Language of Appreciation in the Workplace False economy to skimp with onboarding Opportunity Cost Loss of vet clinic or institutional knowledgeStart developing your Vet Clinic Employer BrandCould Your Kind of People recognise Their Kind of Clinic?A job ad may catch a vet’s or nurse’s eye. But it’s their own due diligence that determines whether they apply—or keep in touch.Culture Story Centres turn real experiences from inside your team into credible, discoverable recruitment evidence, giving vets and nurses meaningful reasons to choose your clinic.Explore Culture Story Centres for veterinary clinics