Posted in
Entrepreneurship, Strategies for Success on
Dec 28th, 2007
Chip Conley, CEO of luxury boutique hotel chain, Joie de Vivre, was interviewed by WSJ writer, Phred Dvorak, about how he keeps his employees happy and in return, reduces turnover within his company.
According to the article, losing an employee costs Joie de Vivre an average of $5,000 in lost productivity and recruiting expenses. Combine that […]