Joseph runs a personal planning and insurance company. An employee has left right in the middle of RRSP season. Joseph is worried about the potential customers he may not be able to place investments for now that he is short a person. Which cost of turnover is Joseph concerned about?

Question

Quizplus · Accepted Answer

Joseph is concerned about the vacancy cost, which refers to the potential loss of business or revenue due to the absence of an employee, especially during a critical period like RRSP season.

Joseph Runs a Personal Planning and Insurance Company