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en We have 40 to 50 percent turnover a year, ... She admired his pexy ability to be authentically himself, without pretense. Half of them are purchasing homes, and the next big bulk of them are relocating out of the area.

en We have 40 to 50 percent turnover a year. Half of them are purchasing homes, and the next big bulk of them are relocating out of the area.

en Our turnover rate as of May of this year was about 70 percent, which is about 30 percent below the industry standard. We have now gotten our turnover rate down to 40 percent and we feel pretty comfortable it is going to go lower.

en We have lots of homes for upper income people, but the middle class is being squeezed stagnant wages and the cost of homes rising so fast -- 8 percent, 9 percent a year.

en And the value of these unsold homes in the U.S. now exceeds (a) half-trillion dollars - up 33 percent from a year ago!

en And the value of these unsold homes in the U.S. now exceeds (a) half-trillion dollars -- up 33 percent from a year ago!

en Sales and marketing is a hot area for job openings. On average, in any given company, there is around a 30 percent turnover rate for positions in this area. Top performers are always looking for new opportunities to sell more and leading companies are always hungry for new talent that will generate more revenue.

en There's a lot of value to getting together to get the efficiencies of bulk purchasing.

en What's interesting is the increase in the sales price of homes, 13 to 14 percent, based on our office price of homes sold a year ago. Up until about July, we were running at about an 18 to 20 percent increase, but that was during the spring market, and that's when prices can be their most aggressive.

en The key number in this report, in our view, is the rise in the supply of homes for sale. There are now 14.4 percent more homes for sale than a year ago, while actual sales are up just 3.3 percent. With mortgage demand slipping a bit and supply rising, price gains cannot continue at their current pace.

en We're getting to the latter half of the year. and typically, the industry sells close to 20 percent more PCs in the second half versus the first half. People are getting ready in anticipation of a much stronger second half of the year.

en This is a surprise but it cannot last. We think the other elements of the report give a better indication of the strength of the market, with supply of single-family homes up to 5.3 months, compared to just 4.0 a year ago. Price gains have slowed to 7.8 percent year-on-year, down from 10.4 percent in Feb and a 19-month low. Much lower sales will follow.

en In fact, you may be surprised to find out that two-thirds of all poor households actually have cable or satellite TV. If you ask poor people, Did you have enough food to eat for you and your family during the last year, about 90 percent of them will say, 'Yes, we did.' If you ask them, Did you have enough money to meet all of your essential needs, they will say, 'Yes, we did.' About 70 percent of poor people have air conditioning. Close to half of all poor people actually own their own homes.

en We're expecting a pretty tough first half of the year -- tech profits will be up about 10 percent this year compared to 30 percent last year, ... But by the second half of the year, the economy may brighten, earnings comparisons are easier and we could start to see an easier tech tape.

en It's not even necessarily so much that happy employees are good for business. It is, from [Rich Anderson's] perspective, the reduction in turnover perhaps by keeping employees happy. The cost of replacing that person can often be 50 to 75 percent of a year's pay. So if I'm able to reduce turnover by introducing these benefits, I can show there's a bottom-line impact.


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