Management consultants are as famed for their work ethic as for their innovative ideas. But the strain of working long hours and spending long periods away from home at clients’ offices takes its toll. Consulting firms lose anything between 15% and 40% of their consultants every year.
What can a company do to address such high staff turnover rates? Bain, one of the most prestigious consultancy firms, has come up with an innovative solution. Give your consultants free booze.
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