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27th January 1978, Page 6
27th January 1978
Page 6
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Page 6, 27th January 1978 — Job swoF
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Which of the following most accurately describes the problem?

iits firms

INDUSTRY is carrying an a ditional financial burden as result of high labour turnovi says the British Institute Management.

A revised version of the BI checklist of costs and proce ures involved in filling vaca cies, estimates that a 30 p cent annual turnover on age bill of E2 million adds an rtra £120,000 to the oncost in year for about 400 nployees.

Employers blame their high bour turnover on the social mtract. "Skilled and enerAic employees" are finding tat the only way they can iprove their financial posim is to change employers.