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I think perhaps the typo is that it should read '10,000'. This...

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325 Posts.

118

11/11/15

22:06

Post #: 16374593
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Originally posted by BRIAN70 ↑

Some companies must have horrendous turnover rates.

Announcement states a minimum expected annual contract size for a company with 1000 employees is $300K. 25 open roles/month equates to 300 open roles/year. That's 30% turnover or a very rapidly expanding business.

A quick google search reveals US company turnover is more like @15%

http://www.compensationforce.com/2015/03/2014-turnover-rates-by-industry.html

Looks to me as though that paragraph should have stated the maximum annual contract size rather than minimum.

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I think perhaps the typo is that it should read '10,000'. This would make sense as they later state "1-Page has seen significant traction with an existing client, that has 10,000 employees that is already requesting well above the minimum 25 pools a month."

1PG Price at posting: $4.59 Sentiment: Buy Disclosure: Held
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I think perhaps the typo is that it should read '10,000'. This...

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