Staff Turnover Rate is a measure of how frequently employees leave an organization and are replaced. It’s a key performance indicator that helps organizations analyze the stability of their workforce and can be used to identify trends in staffing needs. A high staff turnover rate generally indicates difficulty in retaining quality staff, which can have an impact on the company’s bottom line. Analyzing this key performance indicator helps organizations adjust payroll expenses, improve recruitment methods, offer better benefits, and work on better retention strategies.