A company is said to have a high turn over rate when it sacks old employees and hire new employees on a regular basis. Scott may want to change his approach to human resource management because, high turn overate is bad for the health of a company for the following reasons:
1. Reduction in overall efficiency of the company.
2. High cost of recruitment of new staff.
3. High cost of settlement for sacked employees.
4. It leads to lowered employees' productivity.
5. It negatively impacts the brand of the company.
