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But traditionalists would ask if all this fun pays off. Remedy's answer is an unqualified yes. Over40% of all Remedy's new employees came from the
But traditionalists would ask if all this fun pays off. Remedy's answer is an unqualified yes. Over40% of all Remedy's new employees came from the employee referral program. The firm's cost to hire each new employee is about $2,000 less than the industry average. Even more important, those hired stay longer with Remedy, as indicated by its retention rate of 42 months compared to the Silicon Valley average of 20 months. Also, employee turnover is about 8% annuallysignificantly below the industry average. It is obvious that Remedy's approach to HR management is paying off, both in an enjoyable company culture and in contributing to organizational success. Questions 1. What is your view about "fun at work" being used as a specific part of HR management? 2. Compare the approach to HR management at Remedy to that at a current or previous job you have had
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