Decrease Staff Turnover is an important benchmark within the business realm to measure the efficiency of a company. It is defined as the rate at which employees leave the company in comparison to the total number of employees. A decrease in staff turnover can be seen as a positive sign for a company—it reflects a sense of job satisfaction and stability amongst employees, leading to higher productivity and decreased costs. Having a low turnover rate not only indicates strong employee morale, but also communicates to customers that your organization has good internal infrastructure. Ultimately, having a successful staff retention rate translates into greater financial success. So make sure your focus on staff retention is kept at the forefront of your business goals!