Employee Turnover

Employee turnover refers to the rate at which workers leave a company and are replaced by new hires. This can happen for various reasons, including resignations, layoffs, or retirements. High turnover can signify issues like low job satisfaction or poor management, leading to increased costs and disruptions as new employees must be trained. Conversely, some turnover can be beneficial, as it may bring fresh ideas and skills into the organization. Understanding turnover is important for companies to improve employee retention and overall workplace culture.