a. Online employment services make it easy to change jobs; therefore, turnover rates may increase. This could result in total higher costs for employers because of increased costs for recruiting and training new employees, and the need to pay higher salaries and wages to attract or keep existing employees. Discuss on actions can companies do to minimize this problem.
a. Online employment services make it easy to change jobs; therefore, turnover rates may increase. This could result in total higher costs for employers because of increased costs for recruiting and training new employees, and the need to pay higher salaries and wages to attract or keep existing employees. Discuss on actions can companies do to minimize this problem.
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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a. Online employment services make it easy to change jobs; therefore, turnover rates may increase.
This could result in total higher costs for employers because of increased costs for recruiting and
training new employees, and the need to pay higher salaries and wages to attract or keep existing
employees. Discuss on actions can companies do to minimize this problem.
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