Using the information below, answer the following questions.

You work for a local retailer with a large store that employs $60$ customer service associates. Currently, the store has a $75\%$ turnover rate among customer service employees. During the last year, you were able to track the costs incurred each time someone left. This is the data you have:

Separation costs $$1,400$

Hiring costs $$3,450$

Training costs $$2,180$

Lost productivity $$1,930$

Total $$8,960$

The store has been in business for several years, but the owner has decided to begin making some changes.

How much are you spending annually on turnover costs?