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High Turnover
Essay specific features
Written by:
Michael T
Date added:
December 20, 2015
Level:
University
Grade:
B
No of pages / words:
3 / 563
Was viewed:
1745 times
Rating of current essay:
Essay content:
It is estimated that recruiting an hourly-paid worker can cost anything from $2,000-$10,000, with managers costing even more to recruit. These costs shouldn't be underestimated, and illustrate that sometimes spending money on retaining existing employees can often cost a lot less than having to re-recruit them...
displayed 300 characters
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If your existing employees are always worried about job security, having to train new staff, or thinking about leaving themselves, then they will not be doing such a good job for you.
Although it's a cliche, it's true – a happy employee is a productive employee! The opposite is definitely also true, and the loss of skills and lowered morale caused by a high turnover of staff can lead to a lowering of quality standards and efficiency in an organization...
displayed 300 characters
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