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Employee Turnover And Retention

oboloo Glossary

Employee Turnover And Retention

Employee turnover and retention is the process of measuring a company’s ability to attract, hire and retain quality employees. It is an important indicator of how successful a business is at managing its human capital and keeping people motivated and engaged. Companies with high employee turnover rates may experience difficulties in hiring and retaining talent, while companies with low turnover rates may have better luck in creating a positive company culture that attracts and retains top talent. By understanding both turnover and retention metrics, businesses can make more informed decisions about how to improve their employee experience and create an environment that encourages productivity and success.

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