The Hidden Costs of Employee Turnover

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Losing Credibility
The Hidden Costs of Employee Turnover
With high attrition rate, companies usually tend to lose their credibility in the market in terms of being one of the best companies to work in. The management loses credibility when it creates an environment with excessive turnover and existing employees can become demoralized and decide to move on. The best employees will take a toll over thinking about joining your company.