He pointed to 2019 research from Oxford Economics and employee benefits provider Unum, which found that the average turnover cost per employee is £30,614 ($36,914.) “With the current rate of resignations, as well as a shortage of talent, it’s no surprise that businesses are looking for new and innovative ways to attract and retain talent,” he said. On balance, therefore, investing in tech makes good business sense right now. “There are some substantial benefits to introducing new technology,” Capè said. “For the metaverse, it includes the potential for increased productivity, better training, improved collaboration, and flexible working.”