Replacing a manager costs €150,000

Costs generated by a person who leaves can be quite high, up to 24-30 gross salaries, according to Bogdan Comanescu, General Manager of the Accelera training company.

Well performing employees should be rewarded regardless of the economic context, but many companies do not sufficiently consider the fact that the loss of a good professional will bring with it far higher costs than his or her reward. “The “The performance bonus makes up some 18-20 percent of the annual base wage, which means a little over two gross salaries, while the costs to replace a well-performing employee can cost as much as five gross salaries,” said Oana Datki, Country Manager of the ConsulTeam Romania recruiting firm, local partner of Mercer.