Examlex
All scientific models, including economic models, simplify reality in order to improve our understanding of it.
Talent Poaching
The practice of attracting and hiring highly skilled employees from competitor firms, often offering better compensation or benefits.
Top Performers
Definition: Employees who significantly exceed the standard expectations and performance levels in their roles.
Dysfunctional Turnover
Definition: The loss of high-performing employees who voluntarily leave the company, negatively affecting organizational performance.
Involuntary Turnover
The termination of employees from their jobs due to reasons not initiated by the employees themselves, such as layoffs or dismissals.
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