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Tag: employee retention

Retention vs. acquisition: Employee edition

saving money

No click-baits – this short article deals with the idea of companies treating the employees as well as they would their key-customers.
For years the old rule of thumb meant that acquiring a new customer costs 5 times more than retaining an existing one, but the cost of acquiring customers today is too industry and channel specific to talk about averages.

Categorized as The DropletTagged customer experience, employee retention, employer branding

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