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with the daily demands of keeping a workplace productive and profitable many managers may overlook one simple perk thats been proven to boost employee retention professional training welcome to HR over coffee an educational series from the experts at HR 360 covering HR topics like recruitment hiring and firing employee benefits and more [Music] if youre a manager interested in retaining good employees and lets face it thats all managers it may be time to look at your training efforts studies across a variety of industries indicate that professional training increases employee retention while keeping an eye on your bottom line you may be tempted to think that employee training is just too costly but avoid this trap because the truth is that turnover can cost you much much more estimates vary widely by industry and position but replacing an employee can cost upwards of 25% of the departing employees salary and benefits considering this figure if you have several positions that become