Employee turnover is a measure of how quickly employees are leaving your business. It’s a key indicator of how well your company is doing in terms of hiring, training and retaining staff. After all, the last thing any business wants is to make costly investments in new hires only to have them leave shortly afterwards. High employee turnover can impact everything from customer satisfaction to morale and productivity, so it’s important to keep an eye on this metric. The official business definition of employee turnover articles covers the employee lifecycle, starting with recruitment and ending with departure or retirement from the organization. By considering each stage, you can gain insight into what’s working and what needs to be improved. Understanding employee turnover can help you create effective strategies for reducing turnover and improving long-term success.