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Essay's paper info
Topic: Business
Number of pages / Number of words: 4 / 883
Essay's paper body

Where the cost of employee turnover has been underestimated, the firm is likely to underestimate the size of the problem and in turn, to fail to put in place the optimal solution.

There have been several notable examples where firms have folded, having neglected to pay attention to high employee turnover...


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How much this was due to underestimating the true costs of turnover is unclear, but a more accurate figure might have given them a warning of the dangers ahead.

So failing to establish a fair reflection of the actual cost of turnover may damage the business in the long run.

Estimates Of The Cost Of Turnover

There have been a number of studies done into the cost of employee turnover for various different groups of employees...


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General points of the essay

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