Keeping the best of the best mean focusing consistently on engaging and retaining your team. BLS indicates through their research that 81% of employees who quit, will do so because of their direct supervisor and 10% will do so because of their coworkers. It is the development of supervisory and management skills, coupled with great hiring and feedback that creates retention. Losing people at any level costs companies lots of money. A $10 an hour employee costs over $8,000 to the bottom line when they leave or are fired. Executives leaving will cost between 100% and 400% of their annual salary to the bottom line of the company (www.costofhiring.com). Retention isn't just a good idea, it is financially sound idea. It costs much less to do it right the first time than to redo it again and again and again.