turnoverin
Turnoverin is a term that refers to the rate at which employees leave an organization over a specific period. It is a crucial metric for businesses as it can impact productivity, morale, and financial resources. High turnover rates can indicate underlying issues within a company, such as poor management, low job satisfaction, inadequate compensation, or a lack of growth opportunities. Conversely, low turnover can suggest a positive work environment and strong employee retention strategies.
Calculating turnover is typically done by dividing the number of employees who left during a period by
Understanding the reasons behind employee turnover is essential for implementing effective retention strategies. Companies may analyze