Assignment:The Cost of Turnover
1. High employee turnover rates can be detrimental to a company's bottom line as well as a symptom of managerial problems. The key to effective management is establishing high employee moral while keeping costs within acceptable limits. In 2 to 3 pages discuss a minimum of two the hidden costs of high employee turnover rates and identify at least two possible solutions employed by companies to combat shifting workforces.
2. Save your assignment as a Microsoft Word document. (Mac users, please remember to append the ".docx" extension to the filename.) The name of the file should be your first initial and last name, followed by an underscore and the name of the assignment, and an underscore and the date.