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Rates at the time were running some 22% per year & costing the firm about 150% of each person’s annual salary to hire and train new staff.
Laskawy then organized to meet his planning objective by first creating a new Office of Retention & then hiring Deborah K. Holmes to head it. As retention problems were identified in various parts of the firm, Holmes convened special task forces to tackle them & recommend location-specific solutions. A Woman’s Access Program was started to give women access to senior executives for mentoring and career development.
Holmes identified the core problem: work at the firm was extremely intense, & women are often stressed because their spouses also worked...
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