Impact: lost institutional knowledge, lost intellectual properties intangible asset, financial costly recruiting, time spending on restraining.
Reasons: pursue new challenges with better pay
Consider: how much does it cost replace human resource? How to measure that cost in both financial and non-financial terms? Can be non-financial term converted into dollar value?
Focus higher salaries, career planning and training opportunities
Unfortunately, most of businesses don’t take the above solution, tight on salary budget. In fact, it creates brilliant business opportunity in head hunting job market. In additional, macroeconomic environment is in good condition. People keep