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What are the causes of labour turnover?
Causes of Labour Turnover:
1. Voluntary withdrawals through the worker
2. Lay-offs because of seasonal nature of industry, fuel, raw material and shortage of power.
3. Discharges because of undesirable activities of the workers, insubordination or they being determined unsuitable for the job.
4. Retirement. and
5. Death.
This type of risk arise from changes in environmental regulations, zoning requirements , fees, licenses and most frequently taxes. (a) Political risk (b) Domestic risk (c) Internat
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