The college has spent $90,000 on one event, but pays about 10% less than market. The health benefits aren’t that great either. Rather than working to keep employees and prevent turnover, Babson let’s employees leave and rehires at much lower starting salaries. There is no bonus. It is very very difficult for advancement within Babson. Babson looks to hire externally to save money on salaries.
Health benefits, pay, advancement