Business Studies, asked by princesskathere5763, 10 months ago

Explain the relationship that exist between organizational design and hrm.

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Answered by Anonymous
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Answer:

…See moreIt costs approximately three times more to recruit and train a new employee than it does to retain and develop an existing employee.

And this doesn't even take into account the hidden costs associated with misdirected management time spent on recruiting activities rather than effectively managing existing staff.

The fact is, employees are the lifeblood of every organization.

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