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Your Boss Doesn’t Want to Fire You–She Doesn’t Even Want You to Quit

March 5, 2020

Now’s not the time to let employees jump ship. Not only is the unemployment rate hovering in the record lows, but it’s also getting even more expensive to replace employees.

Replacing workers cost employers $617 billion in 2018, compared with $331 billion in 2010, according to The Wall Street Journal, citing a report by Work Institute, a consulting company.

What this means is that even if the economy slows this year, it’s becoming all the more vital to retain key employees–that is, of course, if you want to keep additional costs to a minimum. And what business owner doesn’t want that?

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