Whether your organization has low voluntary turnover, high voluntary turnover, low involuntary turnover, high involuntary turnover, or some combination of the above that varies by department and according to the time of the year, turnover statistics tell a story about your company processes, procedures, leadership, and culture.
The purpose of this paper is to explore why turnover matters and what it really means to manage turnover.
Hint: It’s way more than a numbers game.
This paper will also present tips and solutions to maintaining or creating the happy ending to your “turnover story.”
Most business leaders agree that their people are their best asset. Retention is an ongoing concern for most companies. But how do you tackle it? The purpose of this paper is to explore why turnover matters and what it really means to manage it.
Download this PayScale whitepaper to learn:
- Why turnover is important to measure
- How to calculate monthly turnover
- Why low turnover isn't always good
- The importance of culture
- What employees really want