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Retention Do’s and Don’t’s - $6.95 |
May, 1999
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Publication Date
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May 1, 1999
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Product Number
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ar19990501
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Number of Words
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1156
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Number of Pages
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3
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Abstract of this article: You can't possibly pay someone enough to be happy working in miserable conditions; but put them in a place they enjoy working, and suddenly the same salary seems much easier to live with.
It's interesting that companies known for being great places to work aren't necessarily those that pay the most. And yet, these same companies save millions of dollars a year in recruiting, training, unemployment insurance, and other direct turnover costs. They also make, according to a study we conducted, tons more money than competitors not known as employers of choice.
This article provides six simple but necessary things every manager must do to keep top talent, and three things that managers worldwide are guilty of doing, and should stop immediately.
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