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what is the real cost of employee turnover Ive spent the last 20 years of my life pondering this question when you do the research just type it into Google youre going to get back some of the most ambiguous vague unclear unscience-backed answers you can imagine [Applause] so Im really going to get into the nitty-gritty here before I do that I want to share a story when I was 27 years old I was tasked with taking over a branch for a commercial dish machine company this business unit was essentially dead last in all performance metrics across the board I was tasked with fixing this business unit turning it from unprofitable unproductive failing in all areas to profitable and growing and ultimately we became one of the top performing business units in the country what was the root cause number one it was turnover when I came in we ended up turning over the business in the first year we turned over the stat two times a lot of the turnover was involuntary we had to to ask people to leave