Direct answer
Yes, high turnover often increases premiums because newer, less-experienced staff are statistically more likely to be involved in workplace accidents.
Actuarial data regarding occupational safety trends and worker experience correlation. For additional information about the correlation between worker experience and incident rates, see the Occupational Safety and Health Administration (OSHA) resources on safety management.
What this means for you
Yes, high turnover often increases premiums because newer, less-experienced staff are statistically more likely to be involved in workplace accidents.
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