Be a Benevolent Dictator (And Eight More Lessons For Getting Your Stalled Start-up Off The Ground)
YoungUpstarts
JUNE 2, 2011
According to a variety of studies, the cost of firing senior- or middle-management personnel can be as high as 300 percent of that person’s annual salary, and in some cases even higher. This includes the cost of finding a replacement, training, and the ancillary emotional and unsettling peripheral and disruptive effects.
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