Hiring contractors can also be the perfect remedy to the «Groupthink» disease that affects many good companies with
low labour turnover, as they introduce a continuous stream of fresh ideas into your organisation.
A consistently
low labour turnover is often recognised as an achievement in today's corporate world.
Higher unemployment will usually equate to
low labour turnover as people are less confident of finding another job, and vice versa.
Not exact matches
Maintaining a very
low level of
labour turnover can often be indicative of
low ambition.
In an engaged workforce,
turnover is
lower, productivity and innovation are higher and employees are willing to go the extra mile to put in discretionary effort, knowing that they will see the fruits of their
labour.