Executive Summary
Deloitte BB4 Private Sector Benefit Analysis
Context: In evaluating workforce recruitment and retention topics as part of BeBold 4, Deloitte explored the private sector value of workers from three key archetypes – a Nurse, a Welder and a Network Engineer.
Objective: Quantify additional profits/cost savings brought by each worker archetype, assuming that workers are incentivized (through a workforce program) to remain with their employers for a period of 5 years.
Summary Analysis: Private sector employers can expect average annual benefits of ~$20-30K / worker / year across the three worker archetypes profiled below
Over a five year period, those private sector benefits amount to ~$110K – 160K / worker / year.