The Average Company Turnover Rate is a key indicator of the overall health and stability of any business. It measures the rate at which employees leave and new ones enter the company in a given period of time. High rates of turnover can indicate that employees are unhappy or unsatisfied with their job, leaving the business in a vulnerable state. Conversely, lower rates of turnover indicate a more stable workforce and better overall business performance. Knowing your turnover rate is essential for establishing effective human resource strategies and creating a healthier work environment for your employees.