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Saturday, 17 May 2008
 
 

Plugging the Brain Drain

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Plugging the Brain Drain

What's the price tag on the loss of an employee? Research shows that replacing a key person (defined here as someone whose departure would disrupt work flow, delay projects, etc.) costs between 70% and 200% of the person's compensation. Aside from the psychological and cultural implications, "brain drain" can have a dangerous impact on your organization's bottom line. Now and in the future.
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