What are problems that can occur due to high turnover rate

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A manufacturing firm has struggled recently with high staff turnover in the factory. The wage level is similar to the competitors in the local area, with staff being paid an hourly rate but, no other monetary incentives are offered by the firm. Supervisors and managers are usually recruited externally. There is only a small personnel department at the firm which deals mainly with payroll function.

What are the Problems that can occur due to high turnover rate?

Reference no: EM13963999

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