Milsted Langdon weighs retention against recruitment

No.20 member Milsted Langdon poses a timely question for any business trimming costs: is losing staff actually cheaper than keeping them? The firm's latest note unpicks the real price of recruitment — estimates range from a few thousand pounds to well over double an executive's salary — against a workforce, particularly younger staff, more inclined than ever to move on.

Its conclusion is practical rather than preachy: smart benefits, training and flexibility often cost less than a revolving door. Measured, useful counsel, exactly what we've come to expect.