Turnover: How to reduce talent loss in companies and why it is so important
Posted: Thu Feb 20, 2025 4:27 am
An explosion of indicators has engulfed companies in recent years, and what were hidden and deep-rooted problems in business could suddenly be quantified and openly combated, such as turnover for example.
Perhaps, due to the traces of the industrial revolution, the replacement of one employee by another was treated as something routine and of little relevance.
For many, it was a situation that needed to be addressed in the personnel department, and only for contractual regularization purposes.
Today, turnover rates are the stuff of dreams for business managers and shareholders. They define whether a company retains, attracts, develops talent and, as a result, works on its differentials in a more innovative and efficient way.
That is to say, turnover must be on your company's radar, not only as an index, but as an object of strategic study so that you can achieve increasingly optimized management .
With all this in mind, we have developed this content poland mobile database to address all aspects of turnover, from definition to practical management use.
Read on to learn how to retain your talents longer!
What is turnover or rotation rate?
Turnover is the proportionality between employee layoffs and new hires in a given period.
For management purposes, the fiscal year is generally used to measure labor turnover, another accepted way to define turnover.
However, as is well known, there are several reasons why an employee should be disconnected from a company's human resources framework, from the manager's initiative to the employee's retirement.
So how do you measure which ones actually impact the business, and what strategies can help stop unplanned and unexpected exits?
Perhaps, due to the traces of the industrial revolution, the replacement of one employee by another was treated as something routine and of little relevance.
For many, it was a situation that needed to be addressed in the personnel department, and only for contractual regularization purposes.
Today, turnover rates are the stuff of dreams for business managers and shareholders. They define whether a company retains, attracts, develops talent and, as a result, works on its differentials in a more innovative and efficient way.
That is to say, turnover must be on your company's radar, not only as an index, but as an object of strategic study so that you can achieve increasingly optimized management .
With all this in mind, we have developed this content poland mobile database to address all aspects of turnover, from definition to practical management use.
Read on to learn how to retain your talents longer!
What is turnover or rotation rate?
Turnover is the proportionality between employee layoffs and new hires in a given period.
For management purposes, the fiscal year is generally used to measure labor turnover, another accepted way to define turnover.
However, as is well known, there are several reasons why an employee should be disconnected from a company's human resources framework, from the manager's initiative to the employee's retirement.
So how do you measure which ones actually impact the business, and what strategies can help stop unplanned and unexpected exits?