Retention of staff, so that key skills and experience are not lost, is very important for employers.
Benchmarking the employer’s total turnover rate and voluntary resignation rate against those of similar employers can help the employer to establish whether the level of turnover is acceptable, too high or too low.
Employers need to analyse the underlying reasons for staff departures and, if the departure rates are too high, establish a retention strategy.
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Fat, Forty and Fired by Nigel marsh
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