Employee Turnover
Understand what employee turnover is, its causes, and how to reduce it in your organization.
Employee turnover refers to the rate at which employees leave an organization and are replaced by new hires. High turnover can be detrimental to a company’s productivity and morale. Common causes of turnover include inadequate compensation, lack of career advancement opportunities, poor management, and unsatisfactory work conditions.
To reduce turnover, organizations can conduct exit interviews to understand why employees are leaving, offer competitive salaries and benefits, provide clear career paths, and create a supportive work environment. For example, a healthcare organization might reduce turnover by offering continuous education programs and recognizing employee contributions regularly.
