Certified Disability Management Specialist (CDMS) Practice Exam

A common consequence of a workplace with a high turnover rate is indeed higher training costs and loss of knowledge. When employees frequently leave an organization, the costs associated with recruiting, hiring, and training new staff increase significantly. This financial burden not only affects budgets but also leads to a lack of continuity in knowledge and skills necessary for effective performance within the organization.

Moreover, frequent turnover results in a loss of institutional memory. Experienced employees who leave take their valuable insights, skills, relationships, and familiarity with processes with them. This deficiency can hinder productivity and quality of work, as new employees may take time to ramp up and reach the efficiency levels of their predecessors.

Additionally, high turnover can contribute to instability within teams, making collaboration and effective communication more challenging. This ultimately affects the overall performance of the organization as newer employees may struggle to fill gaps left by departing colleagues, requiring constant adjustments and further investment in training.