Replacing workers has many costs
- Written by Cheryl Carleton, Assistant Professor of Economics, Villanova University
Replacing an employee means taking time and resources to train someone new.djrandco/Shutterstock.comThe labor market is changing rapidly with the onset of the coronavirus pandemic.
Many organizations are laying offalmost allof their workers, while others are considering which workers to lay off, which tofurlough and which to keep. Alternatively,...
