Sentences with phrase «of labour turnover»

Maintaining a very low level of labour turnover can often be indicative of low ambition.

Whilst a degree of labour turnover is always healthy, there's no ideal labour turnover figure which you should be working towards.

Not exact matches

STAFF turnover is costing Western Australian companies billions of dollars and needs to be addressed to combat labour shortages and improve productivity.

Currently, the cost of this is as high as 5 % of a manufacturer's turnover driven by factors such as increasing labour costs.

A report published today by the Commons» public accounts committee says the 40 per cent figure goes beyond acceptable levels of turnover in the labour market.

Angela Rayner, Labour's shadow education secretary, said: «The fact that under the Tories schools have consistently struggled to improve, have struggled to recruit staff and had high levels of turnover should come as a wake - up call.»

Unemployment that results from normal labour turnover, from people entering and leaving the workforce and from the ongoing creation and destruction of jobs.

My knowledge of that labour market is that there is a huge amount of turnover, command management and employee stress.

Labour turnover in my company in Spain, where unemployment is steadily improving but still remains above 20 per cent, will be very different to that of a business in the United Kingdom, where unemployment currently resides at around 5 per cent.

The truth is that there is no ideal labour turnover rate, as different organisations are looking for different types of people.

Higher unemployment will usually equate to low labour turnover as people are less confident of finding another job, and vice versa.

It's almost impossible for a successful business to function with zero labour turnover, and it's certainly not desirable — as Chris Dottie, Hays Spain MD, says, «without a steady income of fresh ideas, perspectives and competitive intelligence your business will likely become complacent and stagnate».

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.

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.

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