The link below describes an interesting development when one company doubled its cost for employee benefits and realized an exponential increase in ROI. Why? Mainly because it cut turnover by approximately 60%! The impact of retention on the bottom-line is often overlooked by many employers. This is one example of a Strategic Employer understanding how turnover economics increases profitability and competitiveness.
http://online.wsj.com/article/SB125149100886467705.html#mod=article-outset-box
September 18, 2009 at 4:05 pm |
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