With attrition as high as it is, you'd think that upper management would be working on finding ways to keep some of the best people around. Instead, they seem happy to be getting rid of older and most experienced employees without having to pay them to leave (severance). What they fail to see is that we're losing people who are not easily replaceable. I've already seen several instances of one person having to be replaced with two to get the work done. This will happen more and more if the exodus continues. I don't see how this can be financially justifiable in any way, shape, or form.
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When we are losing customers because of lack of expertise to use the products and losing ability to gain new customers because of poor customer service support due to lessor experienced 2nd and 3rd level support. The short term cost savings could make for a bleak long term. Certainty hope not for all our sakes…
2 students salary < 1 Principal salary.
In long term you will have 2 experts .
Ofc in reality that comes as 1.2 due to attrition, but still a plan.