IGCSE, A Level Business Student Forum

[KN] Chance to employ skilled labour.
[APP] Since unskilled labour will leave the grocery store, new skilled labour will be hired which will improve efficiency.
[AN] Hence there will be less delay in customer order which will improve customer satisfaction resulting in repeated sales helping achieve its objectives such as profit maximization.
[AN+] Furthermore, this will help the grocery store to maintain a competitive edge in the market, attract new customers, and increase market share.

[KN] New employees bring better ideas.
[APP] For Instance, a new employee might suggest implementing a loyalty program to reward regular customers, or propose a new store layout that optimizes product placement and customer flow.
[AN] Implementing these ideas can lead to increased sales, improved customer satisfaction, and a more competitive market position for the grocery store.
[AN+] Over time, the continuous influx of fresh ideas through new hires allows the grocery store to remain adaptable, innovative, and ahead of the competition, ensuring long-term success and growth.

KN: It will bring new skills and ideas to the business.
APP: Example, young workers may leave (in repetitive jobs like re-stocking shelves etc) and more skilled and experienced workers may join the company, or vice versa (old workers may leave computer related jobs like cashier).
AN: Therefore it will bring innovation into the business e.g. new younger workers joining may bring ideas and automate their jobs using IT skills hence increasing the efficiency of the business, and hence improving customer service reviews and brand image therefore boosting sales. Furthermore it will bring new ideas from older workers aswell as they will be more experienced and hence will have tricks and techniques to make their job faster that they will also teach their co-workers again increasing effeciency of the buisness.
AN+: Hence this will lead to the buisness being able to charge more as they will be providing the added value of convenience through faster checkouts and hence shorter lines therefore helping their revenue.

KN: It will help to integrate larger changes to the buisness
APP: Example if the grocery store is introducing a new business model where they sell their stock to other smaller stores like department stores, hence requiring deployment, different method to deal with their stock, etc. (going from B2C to B2B).
AN: Hence this change will be difficult for existing employees as their work will become different therefore they may not adapt hence causing problems like doing work slowly (when settling in to the new tasks), hence lowering the efficiency of the business. Therefore new workers can be hired due to high labour turnover who are experienced in the new buisness model and ready to work in it therefore allowing the business to remain steady AN+: Furthermore these workers can also help the buisness interms of innovation as they may be experienced in the new business model (wheras the buisness is new to it) hence can introduce techniques and ideas to help them remain competitive in the market.

One advantage of high labour turnover is that it allows the grocery store to bring in fresh ideas and new energy.
For example, new employees may suggest better ways to display products or improve customer service.
This keeps the store adaptable, encourages innovation, and prevents complacency among staff.
Over time, fresh talent can improve efficiency, strengthen customer satisfaction, and modernize store operations.
Additionally high labour turn over could lead to loss of unmotivated or uninvested employees
Such a loss is only temporary as the employees would only hold back the business growth like an unmotivated employee might dissatisfy an customer during their shopping at the grocery store
Evicting such employees or they themselves leaving would benefit the store as situations like mentioned above could be avoided and customers will be satisfied with their time at the store which will promote customers to repeatedly buy from the store promoting customer retention. Such acts would eventually promote brand loyalty and would reduce advertisement costs as the grocery store would not need to advertise intensely anymore as they already have the competitive advantage
This competitive advantage can be dragged into a long term success as such branding could be used to solidify the position of the grocery store in their market vicinity allowing them to become an effective market leader which allows them their own special perks.

{KN}One advantage of high labour turnover is that new employees can bring fresh ideas and updated skills into the business.
{APP}In a grocery store, new staff may bring better customer-service techniques or be more familiar with modern checkout systems.
{AN}This can improve the efficiency of service,making queues shorter and customers more satisfied.
{AN+}As a result the store may gain a competitive advantage over rival stores, leading to increased sales from improved customer experience.

{KN}Another advantage is that high labour turnover can reduce wage costs because newer staff often start on lower pay levels than long-serving employees.
{APP}For example a grocery store may replace long-term checkout staff with new part-time workers who are paid entry-level wages.
{AN}This keeps labour expenses lower, which is important for a grocery store where profit margins are usually very small.
{AN+}Lower wage costs can help the store keep prices competitive, attract more customers, and improve overall profitability.