Employee Turnover Rate is a measure of how many employees leave an organization in a given period of time. It helps business owners and managers understand how much staff turnover they’re experiencing, how quickly employees are seeking employment elsewhere, and which areas need more attention to retain current personnel. A low employee turnover rate indicates strong employee satisfaction and loyalty, while a high rate may indicate unhappiness or dissatisfaction with their working environment. Tracking employee turnover rates over time can also help businesses identify potential issues with staff retention and work towards solutions to keep the best talent on board for longer.