Effects of Employee Turnover
Effects of Employee Turnover Employee turnover, according to Mayhew, 2019, refers to the quantity or percentage of workers who leave a business and are replaced by new employees. Starting at the beginning It is one of the most troublesome issues for a company. As one can claim that employee turnover has a negative impact, others can argue the opposite. Figure: Positive and Negative impact of turnover rate (Markovich, Joseph 2019) How Employee Turnover rate can be Negative or positive to an organization According to Markovich, 2019, employee turnover has a negative impact on morale, productivity, quality, and profitability. A high turnover rate indicates that the organization loses employees, which necessitates fresh recruitments, training, and growth at an additional expense to the firm. Employee turnover can lower morale among existing employe...