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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.