what are the issues related to employee turnover?

Question

i am looking for the various issues related to employee turnover, especially in the international context

Answer 1

The biggest is the cost of replacing employees. Typical cost to source a new professional salaried employee is around half of the total annual compensation cost (wages, payroll taxes and benefits) of the employee.

Then you have additional training costs and productivity losses as the employee becomes accustomed to the new employer's way of doing things.

Answer 2

Usually issues related to high employees turnover are several:
1) poor pay structure
2) poor management skills
3) staffs are not motivated
4) unhappy work environment
5) no growth potential for an individual and/or company

Answer 3

Well when you interview for a job, ask the manager how long he's worked with his employees. Ask him/her how many years the average employee of the company has been there. Avoid seasonal jobs unless you really do want to look for a job at the end of the season.

Answer 4

High turnover requires a lot of retraining.
Turnover allows ex employees to help your competitors by giving them proprietary information.
High turnover means your customers have to deal with new people they don't know.
High turnover means that your ex-employees often take their contacts with them to the competitor.

Answer 5

The biggest reasons that employees leave is bad managers (supervisors, team leaders etc).

Most of my jobs that I have left is due to bad managers.