Companies most likely attempt to manage their turnover rates because of:
A) potential problems associated with public relations.
B) legal requirements regarding layoff notifications.
C) inadequate affirmative action plans.
D) high employee replacement costs.

Question

Quizplus · Accepted Answer

High employee replacement costs are the most significant reason why companies attempt to manage their turnover rates. Finding, recruiting, and training a new employee costs a substantial amount of money and time. Therefore, companies prefer to reduce their turnover rates to save money and maintain productivity. Other options, such as potential problems associated with public relations or legal requirements regarding layoff notifications, may not be the primary reasons for managing turnover rates.

Companies Most Likely Attempt to Manage Their Turnover Rates Because