Your best PM just resigned. It will cost you $47,000.

Replacing a mid-tier PM in an Australian agency costs 4–7× their monthly salary once you count the losses nobody puts on a spreadsheet.

The situation: "You're losing PMs every 14 months. That's $47k with each one."

Ask most principals what a PM resignation costs them and you'll hear the recruiter's fee. That's the visible 15%. The other 85% quietly bleeds out of the rent roll for the next six months. That's what actually determines whether the year finishes ahead.