The costs of recruiting new employees,training the new employees,and suffering the initial low productivity of new employees when old employees leave are called:

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Turnover costs refer to the costs associated with replacing employees who have left the organization. These costs include recruitment, training, and the initial low productivity of new employees, which are often higher than the productivity levels of experienced employees. Efficiency wages are wages that are higher than the market equilibrium wage in order to motivate employees to work harder and reduce turnover. Benchmark wages are wages that are set by comparing the wages paid by other organizations within the same industry. The marginal costs of long-term training refer to the additional costs incurred when the training period is extended beyond a certain duration.

The Costs of Recruiting New Employees,training the New Employees,and Suffering