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Rachel Tuller (Former CEO & Business Coach, Vistage)
Employees don’t leave because of money, according to Rachel Tuller – they leave because they don’t feel valued. Investing in employee training makes employees feel that a company cares about them and helps builds loyalty and makes the company more competitive in the marketplace according to Tuller. She discusses how the costs involved in retraining and rehiring is much higher for an organization than the costs of investing in employee development.