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Improve Employee Turnover

oboloo Glossary

Improve Employee Turnover

Employee turnover, or the rate of employee attrition, is a metric that measures employees leaving an organization and then being replaced within a given time period. Improving employee turnover entails developing strategies to decrease the number of employees leaving the organization while also reducing hiring costs associated with replacing them. This can be achieved by improving workplace culture, offering competitive compensation packages, increasing employee engagement and providing development and training opportunities.

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