While the costs of losing a normal employee are high enough, CAP found that the cost of losing an executive is astronomical -- up to 213 percent of the employee's salary.CAP also says that offering workers low-cost benefits, such as sick days and a little flexibility, can significantly lower turnover.ump his pay up 5 percent. Although employee replacement costs are a one-time expense and a salary increase is ongoing, it would take four years of at higher salary to equal the cost of replacing him one time.
Definition of privilege for English Language Learners. : 1  a right or benefit that is given to some people and not to others. : 2  a special opportunity to do something that makes you proud. : 3  the advantage that wealthy and powerful people have over other people in a society.
There is the mistaken belief that the only 'privilege' that you can have relates to skin colour. This is not the case. You can be privileged because of your class, educational background, religious background, the fact that youâre able bodied or cis-gendered. A lot of black women can and do have privileges too.