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Quantifying New Hire Quality

In my experience, the recruiting metrics most companies use to determine (or estimate) the quality of their hires evaluate efficiency rather than quality or effectiveness. Metrics related to the transactional elements of hiring, such as “time-to-fill” and “cost-per-hire” only speak to the efficiency of…

The True Cost of Employee Turnover

By:  Tom Myette, Small Business Consultant at Opinicus Capital While there are a multitude of reasons that an employee leaves an organization, especially in the current work environment, there are some fundamental, inevitable costs associated with turnover.  In the world of strategic human capital…

Small-Business Financing: Debt vs. Equity

Business owners who seek financing face a fundamental choice: Should they borrow funds or take in new investment capital? Since debt and equity are accounted for differently, each has a different impact on earnings, cash flow and taxes. Each also has a different effect…