Firms in human capital intensive industries must develop strategies to reduce turnover and attrition rates.

Question

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Human capital intensive industries, such as healthcare and technology, rely heavily on skilled and knowledgeable employees. High turnover and attrition rates can lead to a loss of valuable talent, reduced productivity, and increased costs associated with recruitment and training. Therefore, it is essential for firms in these industries to develop effective strategies to retain their workforce and minimize turnover.

Firms in Human Capital Intensive Industries Must Develop Strategies to Reduce