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Unformatted text preview: year plan. Another important step is to watch once the plan is in place to see if there are any deviations and then try to correct them. One thing that could happen is an unusually and unexpected high rate of turnover. This would cause a huge increase in recruitment and training costs. It is important when there is a significant change that occurs to try to get a handle on it but understanding why the change is occurring and trying to prevent its continuation. I find that many companies are simply reactive in this type of crisis and focus only on a heave push or recruiting instead of finding out why those employees thought they would be happier somewhere else and trying to correct their shortcomings as an employer. This may reduce the amount of turnover and increase current employee’s satisfaction and productivity....
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This note was uploaded on 03/26/2012 for the course F1515 F1515 taught by Professor Stan during the Spring '10 term at Keller Graduate School of Management.
- Spring '10