Saturday, September 18, 2010

We Over-Hire and Then Fire Too Often

Most companies fire help too readily, simply because they hire them too readily.

My experience, as a co-founder and top executive officer of an international employee-contracting firm, has lead me to that conclusion.

Most managers do not have sufficient flexibility with regard to employment practice. Poor planning is their problem in most instances.

Too much firing and rehiring is expensive in the long run because of wasted know-how, severance costs, and training expense.

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