Staff retention and recruitment costs
What Staff retention and recruitment costs means in Business GCSE, as defined for AQA.
Definitions of Staff retention and recruitment costs
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Reference: AQA
Strong staff retention means fewer leavers, so recruitment, selection and training costs fall and experienced staff stay.
Employees who settle in and feel valued are less likely to leave, reducing recruitment, induction and training costs.
Topics that use Staff retention and recruitment costs
- Motivating employees (AQA GCSE)
- Recruitment and selection of employees (AQA GCSE)
Related terms
- Commission
- Competitiveness and profitability
- Contract of employment
- Cost and efficiency
- Cost and time implications
- Cost control
- Cost versus benefit of motivation methods
- Employee retention and productivity
Using Staff retention and recruitment costs in the exam
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