Employee Turnover Analysis

Employee turnover analysis examines the rate at which employees leave a company and how frequently new hires are made to replace them. It helps organizations understand the reasons behind staff departures, whether due to job satisfaction, company culture, or external opportunities. By analyzing turnover rates, companies can identify trends, assess the impact on productivity, and implement strategies to improve employee retention. Effective turnover analysis fosters a more stable workforce, enhances morale, and ultimately contributes to business success by reducing hiring costs and maintaining operational continuity.