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Interview4 Blog

Will A Higher Minimum Wage Spur More Effort to Lower Turnover?

Turnover rolls along at high rates and at a high cost to employers.  Rates run as high as 35% in the hospitality industry. Costs, according to research by SHRM, can be as much as “60% of an employee’s annual salary, whereas total costs of replacement, including training and loss of productivity, can range from 90% […]