Rising turnover cause for concern

Recruiting, retention a problem for 58 per cent of employers: Survey

The economic recovery has been a boon for business, but it comes with a rather unwelcome consequence for employers: Rising turnover rates.

Voluntary turnover rates dropped to 6.1 per cent in the aftermath of the 2008 downturn, but they’ve been slowly increasing since then, said Nicole Stewart, a research associate at the Conference Board of Canada in Ottawa.

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