Tracking Employee Turnover - An Insufficient Metric - and Some Alternatives |
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In hiring a new employee, most of the direct costs are front-loaded, occurring before or in the first few days of employment. Most of the indirect costs are post-hire, adding up over time of training, acclimation and acculturation. At some point, usually long after the date of hire, the employee reaches the break-even point and begins to contribute to the company's profitability. Read more at: http://ezinearticles.com/?Tracking-Employee-Turnover---An-Insufficient-Metric---and-Some-Alternatives&id=334552. |
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