AIHR Learning Bite: High Employee Turnover in a Nutshell
In an HR context, “turnover” refers to the number of workers who leave the organization. In most cases, these leavers need to be replaced by new employees. Employee turnover often is a result of poor hiring decisions and bad management.
A high turnover rate means that many of your employees – more than what’s expected in your line of business – have quit the organization over a certain period of time. What’s considered a high turnover rate depends on the industry you’re in.
Among the reasons why people leave we see:
- job content;
To reduce employee turnover:
- adapt your hiring strategy;
- offer a competitive deal;
- listen to your employees.
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