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These estimates highlight the considerable costs that can be associated with turnover.

The Causes of TurnoverThere are a number of factors that contribute to employee turnover. We explore some of these factors in more detail below.

The economy - in exit interviews one of the most common reasons given for leaving is the availability of higher paying jobs...

Some minimum wage workers report leaving one job for another that pays only 50 cents an hour more. Obviously, in a better economy the availability of alternative jobs plays a role in turnover, but this tends to be overstated in exit interviews.

The performance of the organization - an organization perceived to be in economic difficulty will also raise the specter of impending layoffs...

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