oboloo Glossary

Low Turnover Rate

oboloo Glossary

Low Turnover Rate

Low turnover rate is a term used to describe when the number of employees leaving an organization is lower than what is average or anticipated. A low turnover rate can be seen as a sign of employee satisfaction and may indicate that a company is providing competitive wages and benefits that attract, retain, and motivate their staff. Low turnover also speaks to a company’s commitment to its employees, instilling loyalty and creating an environment where workers feel valued and respected. Low turnover can lead to higher productivity and better bottom-line results.