The Workplace Gender Equality Agency estimates that the cost of hiring and training a new staff member ranges anywhere from 90-2000 per cent of a person’s annual salary.
On the flipside, for every $1 a company spends on women friendly, flexible work and family benefits there is an estimated return of $2-$6 through reduced absenteeism, increased motivation and higher rates of retention (Work/Family Directions Study 1994, USA).
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