70% of workers quit at current $7.25 federal minimum wage in ‘brutal’ turnover cycle

70% of workers quit at current $7.25 federal minimum wage in ‘brutal’ turnover cycle

Fast food workers and supporters protest to raise the minimum wage for fast food workers to $15 dollars an hour.
James Leynse | Corbis Historical | Getty Images

For the more than six million small businesses nationwide, employee turnover can be a brutal expense.
In fact, nearly one in three (32%) employees will no longer be at their current employer one year from now. For a team of 20 where each…

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