What is the real cost of losing an employee?
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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What is the real cost of losing an employee?
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Human Resource accounting has developed various methods of calculating the value of an employee in an organization. These methods are based on the historical costs, opportunity costs and replacement costs of these employee, and based on such an annual value of such employee is written down as an expense in profit and loss statement every year.
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