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Knowledge Loss
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Abstract
This paper addresses the problem of knowledge loss due to employee turnover in today’s highly competitive business world. The problem is examined by looking at the two biggest causes of turnover, voluntary turnover and retirement of baby-boomers. Also addressed are the costs associated with the departure of experienced and skilled employees. Finally, solutions and strategies organizations can take to offset or minimize the damage that is done by worker turnover.
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Approximate word count: 2309
Approximate pages: 9 (250 words per
double-spaced page) |
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