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The Staggering Cost of Employee Turnover
The Society for Human Resource Management (SHRM) estimates that one in three workers will leave their jobs this year. For example, an organization with 500 employees and an average annual salary of $65,000 that loses 90 employees per year to turnover has a...
In a Nutshell
Photo by M.Emin BİLİR on Unsplash
Why Profit Should Not Be Your Only Purpose
The Case for Stakeholder Conscious Capitalism The prevailing theory in business has been that a company's sole purpose is to maximize profits for shareholders. This narrow view is increasingly being challenged by the concept of stakeholder capitalism - the idea that...