Types of Employee Turnover and Retention
1. Voluntary Turnover: This occurs when employees choose to leave the organization on their own accord. Reasons for voluntary turnover can vary widely, including better career opportunities, ...
Reducing Employee Turnover
The 8 steps of reducing employee turnover
Step 1: Hire the right employees
One of the best ways to improve overall retention rate is to improve the company’s hiring strategies. Employers ...
Employee Turnover
In a human resources context, turnover or labour turnover is the rate at which an employer gains and loses employees. Simple way to describe it are “how long employees tend to ...
Calculation of Employee Turnover
Labour turnover is equal to the number of employees leaving, divided by the average total number of employees (in order to give a percentage value). The number of employees leaving ...
Your Employee Turnover Is Too High
What is your organization’s ability to retain the brightest, most experienced and dedicated staff! These are the people who keep everything running smoothly day after day.
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Minimizing Employee Turnover
Today’s workforce seeks development, opportunity and job satisfaction. At one time, it was more common for workers to remain with one company for the duration of their career. ...
Reasons for Employee Turnover
Workforce managers, human resources professionals as well as industrial psychologists all have their own theories on the question of – “What are the reasons for employee turnover”.
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Internal vs. external turnover
Like recruitment, turnover can be classified as ‘internal’ or ‘external’. Internal turnover involves employees leaving their current positions and taking new ...