The Hidden Cost of Employee Turnover – And How Mortgage Literacy Can Help

Employee turnover costs Canadian businesses $30,674 per employee on average, with 15% spending over $100,000 annually. In high-cost cities like Victoria, BC, financial stress—especially housing affordability—drives employees to leave.

MaxxMortgages’ Mortgage Literacy program helps employees navigate homeownership with free consultations, first-time homebuyer guidance, and mortgage prep support. The result? Higher retention, lower hiring costs, and a more engaged workforce.

Invest in your team’s financial well-being—learn more today.