26/11/2025
"We spent $12,000 on our employee appreciation event. Three months later, our turnover dropped by 15%. Replacing just two employees would have cost us more than the entire event budget."
This is how you make the case for investing in people. Calculate what retention is worth, then show how events contribute to that outcome.
The math is straightforward: recruiting, onboarding, and training a new employee typically costs 50-200% of their salary. If your average employee earns $60,000, replacing them costs $30,000-$120,000.
An event that helps retain even one person pays for itself multiple times over.
Track turnover rates before and after employee-focused events. Even small improvements represent massive savings.
When you can connect a $15,000 team-building event to retaining three employees, suddenly that investment looks like the smartest money your company ever spent.