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What is Employee Turnover?

Answer

Turnover is a term that is used to describe how often you have to replace a worker. High employee turnover is common in low wage or low skill jobs like customer service or fast food employees or in taxing roles like collections.
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Ask.com Answer for: causes of employee turnover
The Causes of Employee Turnover
According to the Missouri Small Business & Technology Development Centers, it costs an organization about one-third of a new employee's salary to replace the previous worker. Employers who experience a high level of turnover not only incur financial... More »
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Q&A Related to "What is Employee Turnover?"
1. Offer fair working conditions and above-average pay. Check on the pay and benefits offered to your competitor's employees and raise your employees' pay when necessary. 2. Get to
http://www.ehow.com/how_2054973_reduce-employee-tu...
I think it depends on country and IT specialization. My suggestion: average work period at one place is 2 years in Russia. Embed Quote
http://www.quora.com/Whats-the-average-employee-tu...
1. Don't hire out of desperation. Do not just hire an employee because you needed someone to fill the position yesterday. That is what temporary employees are for. If you are looking
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Explore this Topic
There are several causes of high and low employee turnovers. The first one is higher pay elsewhere; this is one the most convenient and compelling justification ...
Employee turnover is whereby employees voluntarily leave their jobs and have to be replaced. It is expressed as an annual percentage of the total workforce in ...
Stress affects employee turnover in a severe way. It is estimated that about 40% of employee turnover is due to stress. An employee who feels stressed about his ...
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