Kustom Konnex
The Hidden Cost of Turnover
Retention is a Financial Strategy.
Kustom Konnex — Financial Impact
30% – 150%
Of an employee's annual salary
is the average cost to replace them in Australia.
Recruitment &
Hiring Costs
Lost Productivity
Training & Admin
Knowledge
Cost expertise
100
Staff Team
20%
Annual Turnover
= 20 employees leaving
💸 $700K
Annual replacement cost
(@ $35,000 per employee)
💰 Save $140K
Reduce turnover by just 20%.
That's 4 fewer replacements per year.
Why Recognition Works
When employees feel:
- Seen
- Valued
- Connected
They stay. Structured recognition reduces disengagement before it turns into resignation.