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> When an employee quits a company of 100, the company loses 1% of their productivity. Err.... that doesn't seem to check out on first glance. What makes you s
by usui 4y ago
> When an employee quits a company of 100, the company loses 1% of their productivity.
Err.... that doesn't seem to check out on first glance. What makes you say that?
- danuker 4y agoIt makes a lot of assumptions, such that all employees are equal in productivity. Of course that's not true, but it might not be far off either. The point is, a company is typically not significantly affected (and therefore has an easier time negotiating).
- renonce 4y agoAt least it’s significantly smaller than 100% I think.
- oblio 4y ago1/100 = 1%
- wpietri 4y agoI think you should read this not as a perfect mathematical fact but as a convenient approximation to help people see that losing a worker is much less impact than losing a job. It's the fundamental asymmetry in power that underlies a lot of labor law and unionization.