About turnover because of the high costs of hiring

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Many organizations express concern about turnover because of the high costs of hiring and training new employees. Although not all turnover is negative, organizations can benefit from being able to measure and quantify it.

Give reasons for turnover costs and the possible implications of the data for human resource professionals and organizations. Provide at least one potential solution for reducing turnover rates that could enable an organization to promote positive social change. Explain how your solution would promote positive social change.

Reference no: EM131197919

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