oboloo Glossary

Decrease Turnover

oboloo Glossary

Decrease Turnover

Decrease turnover is a term used to indicate a decrease in the amount of people leaving a business or organization. The goal of reducing turnover is to retain existing staff members and maintain a sense of continuity in operations. It’s important for businesses of all sizes to monitor why employees are leaving, and take steps to ensure that employees stay on board as much as possible. Reducing turnover can be achieved through employee recognition programs, offering benefits, emphasizing wellness initiatives, optimising workplace conditions, training programs, providing career growth opportunities and more. When done right, reducing turnover will create an engaged workforce that spurs productivity and encourages team cohesion.