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38 Understand the Negative Impact of High Turnover

High rates of employee turnover affect every member of an organization— and not for the better. Everyone, from the owner to the hourly worker, suffers when there’s a revolving employee door.

Businesses with high employee turnover tend to become static; it’s hard for an owner to grow a business when he’s constantly dealing with employee issues. Owners find themselves on a treadmill, running in place instead of moving their companies forward. This, of course, is frustrating for everyone.

Employee turnover has been troubling ...