Re:How much does employee turnover really cost?
by cmdrfred on Tuesday January 17, 2017 @02:39PM
(#13420440)
I call it the burn and churn model. Game studios and IT MSP's both engage in it habitually. The firm I work for has a 200% yearly rate of churn for IT managers. They expect 24/7/365 on call and pay below market. Really its just a place where people go until they find a new job.
Re:How much does employee turnover really cost?
by Noumenon72 on Tuesday January 17, 2017 @07:52PM
(#13423057)
I was hoping that the article would get into this kind of business model. There are also a lot of low-end jobs where a good employee is simply wasted because their business model relies on cheap workers who quit after a few months. There is a sub-economy where these people travel on a carousel of new jobs, never having to deal with boredom setting in. So there's always plenty more of them, and you never have to match their 401(k).
Re:How much does employee turnover really cost?
by Balgair on Tuesday January 17, 2017 @03:24PM
(#13420833)
I wonder how AI will affect those business models? If you can on-board and find employees so quickly that you can sustain the burn-n-churn, then I think an AI would do it better and faster and not be fired either.
Rinse and repeat, and the cycle gets shorter, and the problems get bigger