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People Operations
Mar 6th 2024

Understand Employee Turnover: Why It Matters & How to Prevent It

different classifications within which there are two types of employee turnover. Voluntary and Involuntary Turnovers As the name suggests, voluntary turnover happens when the employees resign from their positions willingly as a result of their own employment decision, while involuntary turnover indicates that such decision is done by the employer or other parties or factors other than the employees themselves. Voluntary turnover can be driven by the employees’ lack of advancement opportunities in their current work environments or better career
People Operations
Mar 6th 2024

10 Employee Retention Strategies for Your Company in 2023 [+ Examples]

retention strategies for your company, and more! What Is Employee Retention? Employee retention refers to an organization’s ability to make employees stay with their current company and not actively look for new jobs. The opposite of retaining employees is turnover, when some staff choose to quit for various reasons, either voluntarily or involuntarily. For example, an employee who joined your company a while ago finds that the job is no longer challenging for him. He then becomes a passive
Career Planning
Mar 18th 2022

Should I Quit My Job? Here's All You Need for Doing it Right

motivated. You are not valued at work. 1. There is a high turnover rate at the company. The turnover rate refers to the percentage of employees who leave a company within a certain period of time, including those who resign voluntarily as well as being fired or laid off. Below are the major drivers of employee turnover: Job content Work satisfaction Stress Compensation Co-workers Leadership External environment Different businesses and industries have different expected turnover rates. But generally speaking
Career Planning
Mar 22nd 2022

Should I Quit My Job? Here's All You Need for Doing it Right

motivated. You are not valued at work. 1. There is a high turnover rate at the company. The turnover rate refers to the percentage of employees who leave a company within a certain period of time, including those who resign voluntarily as well as being fired or laid off. Below are the major drivers of employee turnover: Job content Work satisfaction Stress Compensation Co-workers Leadership External environment Different businesses and industries have different expected turnover rates. But generally speaking

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