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Recruitment means you need to spend money on the new people. Retention means you need to spend money on everyone.
by Viliam1234 5y ago
Recruitment means you need to spend money on the new people. Retention means you need to spend money on everyone.
- adwww 5y agoTrue in terms of salary. But that misses the huge time cost of recruitment (time writing job specs, screening, interviewing + 3 months or so of lower productivity) when often retention could be improved with zero / low cost culture changes.