However when you have both places go vacant at once in November and can't rent them until February while paying to heat them and above
average turnover costs that exceed your deposit, you will be happy you can make a smaller payment for a little while.
I know they do post
their average turnover costs in their «getting started packet» but i don't know if its included in the 4 %.
Not exact matches
That
turnover is literally
costing businesses millions; it's estimated to
cost between $ 3,000 and $ 18,000 to replace the
average employee.
The increase in
turnover will raise
costs and pose the threat of lower
average effectiveness, as my own simulations for a switch from DB pensions to cash balance plans show.
First, there's the financial impact of
turnover — the estimated
average cost to replace each teacher who leaves an urban school district is more than $ 20,000.
Extending that
average to the national statistic on principal
turnover (22 %) results in «$ 36 million on just hiring
costs, not on - boarding, and not training» for high poverty districts nationwide.
In a lower return environment, the true tax deferral benefit of extending the
average holding period of an investment from 2 years to 5 years — chopping the portfolio
turnover rate from 50 % down to 20 % — is actually less than 5 basis points, which can be made up in the blink of an eye through a lower
cost investment change or a mere day's worth of relative returns (not to mention weeks, months, or years)!»
According to data from the Investment Technology Group cited in Bogle's new Common Sense on Mutual Funds, portfolio
turnover costs average approximately 1.6 % annually for equity funds.
After trading
costs (
turnover averaged 65 percent) the alphas were on
average 4.4 percent per year.
Fidelity Small Cap Discovery fund (FSCRX) has a tax -
cost ratio below the
average for small - cap stock funds, and it kept its portfolio
turnover to just 11 % last year.
Among Canadian law firms of 25 lawyers or more, the
turnover loss comes to twice the
cost of the
average associate's annual salary.
«If you are a 150 person company with 11 [percent] annual
turnover, and you spend $ 25,000 per person on hiring, $ 10,000 on each for
turnover and development, and lose $ 50,000 of productivity opportunity
cost on
average when refilling a role, then your annual
cost of
turnover would be about $ 1.57 million.
The
cost of employee
turnover «is equal to the number of regrettable departures multiplied by the
average cost of those departures,» Altman writes in The Huffington Post.