Retention is often discussed in sweeping terms. We all know that high turnover is costly to an organization’s productivity, morale, and bottom line. In fact, I could easily fill an entire book with stats about the average cost of replacing an employee! but as retention costs vary significantly from industry to industry and business to business averages […]
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Posts Tagged ‘retention’
August 14th, 2014
How Millennials Work: Why the Key to Managing Millennials is Flexibility
Millennials currently make up over one third of the North American workforce. By 2025, 75% of the global labor market will be millennials. This new generation of workers brings with it a shift in the nature of the workplace and in particular, how the workplace is managed. Millennial employees are not all that different from […]
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