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A practical guide for executives and managers in banking,
savings and loans, credit unions, insurance, and brokerage firms,
this book addresses the labor turnover problems that currently
affect even the most successful financial institutions. The
combined effects of slackened population growth, deregulation, and
computerization have brought enormous pressures to do more work, at
a faster pace, with less time to train employees and catch their
mistakes. Labor turnover only exacerbates these problems and
related costs. But, as the Creerys illustrate, labor turnover is
resistant to most attempts to reduce it, since it is a problem with
multiple causes. Their work serves as an important guidepost to
those confronted with this relatively new problem in financial
institutions.
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