Employee turnover is the process of employees leaving an organization and being replaced by new employees. It’s a standard business practice that allows companies to stay agile and competitive in the modern economy. It’s important for organizations to take proactive steps to manage turnover, such as by offering competitive benefits packages and recognizing employee achievements. Understanding turnover trends can also be useful in predicting when to hire new staff or plan for upcoming training sessions. In short, employee turnover is essential to the success of any modern business.