Entries for September 2010
posted on September 01, 2010 02:00
According to some recent national studies, the cost to replace an employee can range from 30 to 200% of their salary. In addition to obvious expenses such as advertising and recruitment fees, there is also damage to the organization that is harder to track -- but costly just the same. Many companies have enjoyed minimal turnover rates these past 2 years due to the downturn in the economy and risk adverse workforce.
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