Turnover Analysis

Turnover analysis examines how frequently employees leave a company within a certain period. It helps organizations understand their workforce stability by identifying the rate of employee departures and arrivals. A high turnover rate may indicate issues like dissatisfaction or poor management, leading to increased hiring and training costs. Conversely, low turnover can suggest a stable and satisfied workforce. By analyzing turnover, businesses can assess the effectiveness of their HR practices, improve retention strategies, and maintain a healthy, productive work environment.