Voluntary Turnover

Voluntary turnover refers to when employees choose to leave a company on their own, such as resigning to pursue other opportunities or due to personal reasons. It’s a natural part of workforce dynamics and can be influenced by factors like job satisfaction, compensation, career growth prospects, or work environment. Organizations monitor voluntary turnover because high rates might signal issues within the workplace, while some turnover can bring in fresh skills and ideas. Managing voluntary turnover effectively involves understanding why employees leave and creating a supportive environment that encourages retention while respecting individual career choices.