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Decision-Making Traps to Recognize and Avoid

Decision-Making Traps to Recognize and Avoid

Sometimes, when navigating tough decisions, you make mistakes that can dramatically affect the health of your company. If you learn about and avoid the most common pitfalls, you can set up your business for ongoing success.   Sunk Cost The sunk cost trap keeps...
How to Cope with Employee Churn

How to Cope with Employee Churn

A high employee churn rate is every employer’s worst nightmare. Defined as the percentage of employees who quit within a specific period of time, the churn rate reflects a company’s ability or inability to retain workers. According to research published by...
The Three Key Ingredients of Employee Loyalty

The Three Key Ingredients of Employee Loyalty

As unemployment rates edge lower, some businesses have expressed an interest to increase employee retention to minimize the pressure they feel. However, randomly investing in gimmicks may cost a lot of money without producing measurable results. For this reason, you...