Quote:
| Originally Posted by gp65:( I wonder if there are any stats available on that.
Interesting.... |
ERAC doesn't release their actual profits each year, so you think they are going to release any kind of info on their retention?
It has to be pretty easy to figure out...
If they are hiring 7000 new employees this year you have to think that:
50,000 current employees with a 3% growth = 51,500 employee needed.
consider 2% die on are seriouly injured a yearly basis = 1000 employee lost to natural causes
consider 3% retire = 1500 employees lost to retirement
so..
1500 new employees do to natural growth
500 lost to natural causes
1500 lost to retirement
total.. 3500 to replace if retention is 100%.
However ERAC is hiring 7000 so 3500 new hires are do to other circumstances.. ie.. fired, quit. so that means based off the loose figures that 1/2 of the new hires are hired to replace the employees who have quit.
3500 new hires / 50,000 current employees = 7% negative retention rate.