PRESS RELEASE: Underperforming employees cost UK SMEs £39,500 every year

Nine in ten small businesses report new hires need more support than initially anticipated 14 November 2018, London, UK – British SMEs are bearing the brunt of the skills crisis, with underperforming employees costing each firm £39,500 a year on average. Consisting of salary costs and lost growth, SMEs are losing substantial amounts of profit due to poor hires. This …