The metric Turnover Rate means employees who left the organization, either voluntarily or involuntarily, as a percentage of headcount. This metric is crucial to understand all aspects of the talent cycle within your organization. Many organisations use this metric in isolation, for example it can indicate that the retention processes of the business are not working. On its own, it may indicate that the retention processes of the business are not working.
Our prebuilt Power BI packages for Turnover Rate will help HR professionals in your organisation better understand why people leave and actions to prevent it.