The cost of hiring and training an employee is high, but not as high as the cost of damaged relationships with clients, missed opportunities or poor performance.
Millions of dollars are at stake.
Client sales research indicates:
- $785,000 per wholesaler
- $867,000 per institutional salesperson
- $1.2mm* to $1.6mm** per manager
The cost of hiring the wrong National Account Manager, Product Manager, Product Development professional, Portfolio Management Liaison or other key individuals is likely higher.
*Divisional Sales Manager
**National Sales Manager