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Discuss a minimum of two the hidden costs of high employee turnover rates and identify at least two possible solutions employed by companies to combat shifting workforces

High employee turnover rates can be detrimental to a company’s bottom line as well as a symptom of managerial problems. The key to effective management is establishing high employee moral while keeping costs within acceptable limits. In 2-3 pages discuss a minimum of two the hidden costs of high employee turnover rates and identify at least two possible solutions employed by companies to combat shifting workforces.


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