Employers are well aware of workforce turnover. Estimates range from 33 to 40 percent of workers changing jobs every year. Even more dramatically, some have estimated that on average people change careers every 10 years.
Increased Employee Output
There were predictions that the cyclical nature of the workforce would reduce employer profit as costs retraining increased. These have proven unfounded and, in fact, the opposite seems true. Employers have found that employee training is a good investment that retains valued employees. The rise in worker skills renders their services valuable in advanced positions. This attracts employee loyalty as their compensation rises with increased responsibilities.






