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Table 2 Potential Organisational Costs and Benefits of Staff Turnover

From: Reviewing The Benefits of Health Workforce Stability

Costs Benefits
   Loss of Experienced staff    'New Blood'
   - Lost Knowledge    - New Knowledge
   - Decreased Morale    - Improve Morale
   Constraint on Quality/Level of Service    Allows Career Progression
   Separation Costs    Increase in Organisation Flexibility: e.g. skill mix change
   Temporary Replacement Costs    Opportunity for Cost Reduction/Consolidation
   Recruitment Costs    Decrease in other 'Withdrawal' Behaviour eg Absenteeism
   Induction/Training Costs  
  1. Source: adapted from (3)