Turnover rate is a measure of employee movement within an organization. It’s calculated by taking the total number of employee departures over a certain period of time and dividing it by the average size of the workforce during the same period. Generally, a high turnover rate can be indicative of a lack of job satisfaction, while a low rate typically indicates a happy and engaged workforce. Being aware of your company’s turnover rate can help you spot potential problems early – and take steps to improve employee retention before it becomes an issue.