Average turnover rates refer to the number of employees leaving an organization during a given period, usually expressed as a percentage. Companies are always striving for low turnover rates, as it indicates an environment where workers feel engaged, supported, and respected. Low turnover rates also have a direct impact on the bottom line by reducing recruitment, training, and onboarding costs. When job satisfaction is high, employees are more likely to stay at the same job for longer periods of time, resulting in cost savings for employers.