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Turn Around Rate For Employees

oboloo Glossary

Turn Around Rate For Employees

Turn Around Rate For Employees is the measure of how quickly staff members leave your organization. It is calculated by dividing the total number of employee departures in one year by the average number of employees in that same year. This helps to gauge whether you have a high or low turnover rate, which is essential to understand if you want to maintain a healthy team dynamic. A high Turn Around Rate can indicate a lack of job satisfaction and opportunities for development, while a lower rate can signify motivation and commitment among your staff. By monitoring your Turn Around Rate, you can keep an eye on the health of your organization and make adjustments as needed to ensure engagement and success within your workforce.

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