FYI Harvard drops the bottom 10% of it’s 2yr MBA after 1st year. Doesn’t matter how smart you are.
Really? Crikey do they give you a refund on your first year’s fees as well?
Have a look at retention rates for companies in Germany and Japan. They are really high.
Staff turnover is one of the things that gives UK/US companies the edge in radical innovation, so for example the R&D departments of big technology firms actively want to hire in new people (and if no one is leaving it makes that harder) because bringing in new people brings in new ideas.
Conversely, the big auto manufacturers in Germany and Japan are more focused on process refinement; so it is in their interests to have the same people building a Golf GTI now as they did 30 years ago because they’ve learned everything there is about how to do that really well.
It’s one of the reasons why the US/UK lead the world in bringing new drugs to market but not cars!