quit rates

Quit rates refer to the percentage of employees who leave their jobs voluntarily within a specific period, often annually. This metric helps organizations understand workforce stability and mobility—higher rates indicate more employees are choosing to leave, while lower rates suggest greater retention. Factors influencing quit rates include job satisfaction, wages, workload, and career opportunities. Monitoring quit rates allows companies to identify potential issues, improve employee engagement, and develop strategies to retain talent, ultimately supporting a healthier, more stable work environment.