What is the turnover of employees?

Employee turnover describes the number of employees who leave the company compared to the number of people who remain employed. It is generally considered to be undesirable to have a high employee turnover, because it means that the office is mostly made up of new tenants without many years of experience in society. The result of high turnover is that new employees must be constantly hired and trained, which can be expensive and time consuming. Several types of turnover - internal and external, as well as voluntary and involuntary - are generally considered to determine the turnover rate. Employee turnover usually requires employers to provide positive strengthening, progress opportunities and competitive salary and benefits.

For the overall view of the company, several types of employees turnover are usually considered. For example, internal turnover concerns employees who leave one position so that they can go to the other in the same society. While the high degree of internal turnuver is often considered less worrying than inA YSocy external turnover in which employees leave the company completely, it still means that there is a problem in the department that is constantly losing workers. Another type of employee turnover counting is a voluntary species that consists of employees leaving. However, an involuntary turnover usually describes the situation where the employee was terminated, moved too far to commute, or was too ill to work.

turnover is usually calculated by counting the number of employees who have left the company within one year, distributed this number according to the number of current employees and multiplying this total by 100. This offers a percentage that should be compared with other companies in the same industry to determine whether it is high or low. Generally, employees are expected to be encouraged, because companies need new Employees to remain fresh. On the other side of the high measure of the giantThis is usually indicated by the problem to be solved.

One of the main causes of high employee turnover is a salary that is not competitive because other companies in the same industry can offer more. Lack of sufficient benefits, such as paid leave, health insurance and pension plans, can also contribute to a large turnover. In addition, employees want to feel invaluable for the company, and therefore keep them informing about the company's plans, providing free training and offering positive feedback, if possible, can help them keep them happy with their work. These aspects, along with opportunities to advance to society, can help reduce turnover and save money for society in the long run.