What are the negative effects of a high employee turnover rate?

The negative effects of a high employee turnover rate include the somewhat high possibility of losing your job through no fault of your own. There's also the likelihood that you will have a low salary and somewhat limited responsibilities at your job. You may earn some experience, but you may have a small chance of promotion. If you have a complaint about the working environment, it's possible that your concerns will be unaddressed because the employer isn't concerned about keeping its employees happy when so many quit. The employer may also periodically replace staff if the company feels that it's cheaper to hire lower-wage entry-level applicants.