37 ms·
And they lose the money they'll spend on recruiting and training, so it costs more in the long run.
by bink 4y ago
And they lose the money they'll spend on recruiting and training, so it costs more in the long run.
- lesuorac 4y agoI'd love to see some numbers behind that. The article calls out nearly 15%/job when switching vs 3%/yr from staying. A 12% gap adds up fast.
- bink 4y agoI'm comparing the costs of hiring a new employee versus offering a raise. The assumption is that most people will leave if they get an offer that includes a 15% raise rather than stay and only get 3%.