Employee Separation: Is a sensitive issue for any organisation. Usually, an employee leaves the organisation after several years of service. Thus, the permanent separation of employees from an organisation requires discretion, empathy and a great deal of planning.
Employee separation costs:It’s difficult to estimate the costs of turnover can differ between organisations.
Selection, training and separation costs: Hiring, and placing a new employee in the field. Training, travel to interviews, productivity lost in organising and arranging meetings. Training employee means paying them for not doing their job yet, plus employee losing their time. The biggest separation costs is compensation in terms of pay and benefits.
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