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Running Your Business:
The Grass is Always Greener - Good Retention Strategies Can Break the Myth
By John Hendrie

There have been a slew of articles recently about the crisis of Human Capital. Advisory Boards, Associations, pundits all decry the turnover figures within Hospitality (50%), point to the changing and contracting labor pool, note the Unions cranking up enlistment activities, and government on the local, state and national stage legislating "living" wage and benefits.

Much has been touted about Retention Strategies, Cost Containment and Talent Management. Some companies are at the forefront of change and enlightenment; most are not, accepting the "revolving door" of staff as the cost of doing business. Will this picture change?

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