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Top 10 strategies for employee attraction & retention
Published in
December 2017
- Page 23
To many employers, employee retention remains about as much of a mystery as it is a widely discussed topic. Why is that?
Organizations know that the cost of a bad hire is substantial. In their book Love ‘Em or Lose ‘Em – Getting Good People to Stay, Beverly Kaye and Sharon Jordan-Evans tell us that “countless studies suggest that the cost of replacing key people runs between 70 percent and 200 percent of their annual
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