Understand Employee Turnover: Why It Matters & How to Prevent It
the business operation, such as the decline in the organization’s overall productivity and the increasing cost in hiring and training new employees. Yet, desirable turnover can benefit the company by replacing poor-performing employees, or unfit characters in the operation. How to Calculate Employee Turnover? Being a crucial index in the diagnosis of a company’s well-being, employee turnover rate helps the employers better understand their operations and workforce. Such figure can be simply calculated, using the following