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  • 1.  Employer of Choice- Value of employees

    Posted 06-12-1999 22:23
    Jack is right (he always is).

    Top firms (Intel, Oracle, Cisco) in hi-tech routinely calculate the cost of
    losing an average engineer at 200 to 250K.
    Top talent in key positions cost millions. (we calculated the cost of one
    engineering team leader at over $29 million)

    Losing people in education might have a positive ROI (joke)

    John Sullivan

    At 06:41 PM 6/12/99 -0700, Edryce Reynolds wrote:
    >Where did you get the numbers here? I'd like the reference details. Do
    >they vary by industry? How about education?
    >
    >Edryce
    >
    >On Sat, 12 Jun 1999 04:55:46 -0700 Jack Ring <jring@AMUG.ORG> writes:
    >
    >>And remember that each hire that works out costs the company $20K to
    >>$40K
    >>while each hire that turns out to be a bad decision costs the company
    >>$75K
    >>to $200K.
    >
    Dr John Sullivan
    Head and Professor of HR
    College of Business
    San Francisco State University
    JohnS@sfsu.edu
    More articles by Dr Sullivan can be found at
    http://ourworld.compuserve.com/homepages/gately/pp15js00.htm
    and at http://www.erexchange.com/daily/search.asp?author_id=9


  • 2.  Employer of Choice- Value of employees

    Posted 06-12-1999 23:29
    Thanks, but please....what about education??? Are there figures for
    them/us?

    Edryce

    On Sat, 12 Jun 1999 19:23:01 -0700 John Sullivan <johns@SFSU.EDU> writes:
    >Jack is right (he always is).
    >
    >Top firms (Intel, Oracle, Cisco) in hi-tech routinely calculate the
    >cost of
    >losing an average engineer at 200 to 250K.
    >Top talent in key positions cost millions. (we calculated the cost of
    >one
    >engineering team leader at over $29 million)
    >
    >Losing people in education might have a positive ROI (joke)
    >
    >John Sullivan
    >
    >At 06:41 PM 6/12/99 -0700, Edryce Reynolds wrote:
    >>Where did you get the numbers here? I'd like the reference details.
    >Do
    >>they vary by industry? How about education?
    >>
    >>Edryce
    >>
    >>On Sat, 12 Jun 1999 04:55:46 -0700 Jack Ring <jring@AMUG.ORG> writes:
    >>
    >>>And remember that each hire that works out costs the company $20K to
    >>>$40K
    >>>while each hire that turns out to be a bad decision costs the
    >company
    >>>$75K
    >>>to $200K.
    >>
    >Dr John
    Sullivan
    >Head and Professor of
    HR
    >College of
    Business
    >San Francisco State
    University
    >JohnS@sfsu.edu
    >More articles by Dr Sullivan can be found at
    >http://ourworld.compuserve.com/homepages/gately/pp15js00.htm
    >and at http://www.erexchange.com/daily/search.asp?author_id=9