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The Manager’s Guide to Maximizing Employee Potential: Quick and Easy Strategies to Develop Talent Every Day
book

The Manager’s Guide to Maximizing Employee Potential: Quick and Easy Strategies to Develop Talent Every Day

by William J. Rothwell
September 2009
Intermediate to advanced content levelIntermediate to advanced
256 pages
6h 55m
English
AMACOM
Content preview from The Manager’s Guide to Maximizing Employee Potential: Quick and Easy Strategies to Develop Talent Every Day
Retaining Talent
11
Turnover is a perennial problem, even in the midst of a global
economic downturn. People with special talent are always in
demand because their productivity or other value-added traits
exceed their total compensation costs. Many managers persist in the
belief that the right people can always be found if the organization
is just willing to pay enough. And few people doubt that turnover is
costly. While studies of the costs of turnover vary, most everyone
agrees that if a manager leaves the company, it may cost the equiva-
lent of at least 150 percent of that person’s yearly salary to replace
him or her.
1
Misconceptions persist globally ...
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Publisher Resources

ISBN: 9780814414309