How much does employee turnover really cost?

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.

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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).

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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.

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Re:How much does employee turnover really cost? by andruby on Tuesday January 17, 2017 @04:11PM (#13421230)

The AI will need to learn people skills if it has to do the job of an IT Manager.

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Re:How much does employee turnover really cost? by megablast on Tuesday January 17, 2017 @06:34PM (#13422566)

Why? So it can be better than an IT Manager?

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