Employee Turnover Rates are an important measure of an organization’s success. They refer to the rate at which employees leave their organization over a given period of time—whether they quit voluntarily or are terminated involuntarily. Turnover rates can provide an indication of the stability and performance of a business; high turnover could be a sign of underlying organizational issues such as poor management, inadequate pay, or lack of career development opportunities. This can ultimately lead to lost productivity and higher recruiting costs. Knowing the employee turnover rate in your organization is essential for the overall health and success of the business.