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Comapnies Invest Money in Employees vs. The Hiring Process of an Uknown

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Do you think this is a true statement? When companies invest money and time into employees and that employee transitions to another level within the organization, it saves the company money in the long run with having to hire an unknown.

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Solution Summary

This solution discussed whether or not it saves the company time and money with helping someone to advance within the organization or hiring an unknown from the outside.

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No, that statement is not true for a few reasons. Most companies will assist in helping to pay for tuition in helping an individual advance in their career, and that could cost them ...

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