Adare’s most recent HR Barometer Series 8.1 included one remarkable figure that highlights the high price Organisations pay to replace Employees.
The research found that the average cost of replacing an Employee in 2024 is €9,461, up over €2,000 from €7,321 in April 2022. The average cost of replacing an Employee in a medium-sized business is €10,092, while for large-sized businesses this figure increases to €11,932.