Annual performance reviews can be stressful for both employees and managers. Here are some simple but effective tactics to help minimize your employees' anxiety and ensure reviews are both fair and effective.
Replacement costs usually are 2.5 times the salary of the individual. The costs associated with turnover include lost customers, business, and damaged morale. In addition are the hard costs of time spent in advertising, screening, verifying credentials, references, interviewing, hiring, and training the new employee just to get back to where you started.
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