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Attrition – A Sign Of Leadership Problems, Sheila Bassoppo-Moyo
Attrition – A Sign Of Leadership Problems, Sheila Bassoppo-Moyo
Academic Leadership: The Online Journal
Universities are learning organizations of the highest level. Thus, it is essential that they retain and recruit faculty that will maintain and push the growth of the organization. Carruthers (n.d.) in addressing why attrition is an important organizational issue stated, “an American Management Association survey showed that four out of five CEOs view employee retention as a serious issue for organizational success” (p.1). Kaye and Jordan-Evans (1999) after examining countless research studies concluded “the cost of replacing key people runs between 70 percent and 200 percent of their annual salary. Hard costs can include advertising, search firms, interviewing and relocation …