Training costs
Lloyds TSB recruitment and training costs average between £5,000-£10,000 per employee.


Employee retention
Over the last 5 years, the number of women returning to work at Lloyds TSB after maternity leave has risen 10% – saving the company £1.4million a year in turnover costs.

Enhanced maternity benefits in Xerox (UK) combined with a more flexible approach to working hours and location has saved the company £1million over 5 years through increased employee retention.

Nationwide Building Society has average turnover costs of £5,000 for every employee who leaves – for recruitment and initial training. It estimates that the 30% increase in it’s rate of return from maternity leave over the last ten years has saved over £3million. 91% of women currently return to the company after taking maternity leave


Absenteeism
Lloyds TSB has lower than national rates of absence – a 1% additional reduction in absences saves £10million a year.


Positive publicity
Lloyds TSB estimate that it has reaped a £350,000 benefit from the media value of positive publicity.

 

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