A recent article published at the Harvard Business Review, “Why Do Employees Stay?” examines key reasons why employers suffer high turnover, pointing out that replacing an employee costs about 21 percent of their annual pay.
That’s not so surprising. We all know (or should know) that there’s a high cost to organizations with reputations as poor employers, especially as reflected in online reviews.
More information: https://www.smartrecruiters.com/blog/higher-salary-demands-the-cost-of-poor-online-reviews/