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Message
re: My Company had layoffs and a RIF.
Posted on 2/19/24 at 9:19 am to TygerTyger
Posted on 2/19/24 at 9:19 am to TygerTyger
quote:
Firing someone and hiring someone new is way more expensive than retaining someone.
“Did you know the average cost to replace a terminated employee (i.e. the cost of employee turnover) is about 50 percent of that employee's annual salary? And that
number can increase based on the level of the employee and the job market in which someone is hired.”
Calculating The Cost Of Employee Turnover
Firing someone and hiring someone new is way more expensive than retaining someone.
“Did you know the average cost to replace a terminated employee (i.e. the cost of employee turnover) is about 50 percent of that employee's annual salary? And that
number can increase based on the level of the employee and the job market in which someone is hired.”
Calculating The Cost Of Employee Turnover
This post was edited on 2/19/24 at 9:20 am
1
Posted on 2/19/24 at 11:01 pm to LSUNWO1988
Your error is that you think that the manager that has to decide who gets RIF'd gives a damn. Since you use the term RIF, I assume you're ex military. That's not civilian life.
What happens two quarters from now is not their concern.
What happens two quarters from now is not their concern.
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