The Cost of Turnover

| March 31, 2017

High employee turnover rates can be detrimental to a company’s bottom line as well as a symptom of managerial problems. The key to effective management is establishing high employee moral while keeping costs within acceptable limits. In 2-3 pages discuss a minimum of two the hidden costs of high employee turnover rates and identify at least two possible solutions employed by companies to combat shifting workforces.

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