Measured Step

By: Contributor(s): Series: . 4 ; 17Publication details: 2018-08-08Description: 6Subject(s): In: THE SMART MANAGERSummary: "Employee turnover is expensive. Replacing an employee who quits costs, on average 21% of their annual pay. While it's tempting to dismiss turnover as a fact of life in today's fast moving job market new research shows otherwise. Compensation could be a trategic tool for talent retention especially when the going is tough."
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Article St. Francis Institute of Management and Research Available AR0786

"Employee turnover is expensive. Replacing an employee who quits costs, on average 21% of their annual pay. While it's tempting to dismiss turnover as a fact of life in today's fast moving job market new research shows otherwise. Compensation could be a trategic tool for talent retention especially when the going is tough."

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