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Why the need to calculate turnover?
Calculating employee turnover will:
- Identify trends and allow you to address them e.g. changing particular policies to improve retention;
- Allow you to forecast (including budgeting) for the future
Employers will often not fully appreciate that turnover has a significant impact on an organisation and this needs to be measured.
In one survey over half the respondents felt that turnover had only a minor negative effect on organisational performance.
Please Note: this represents only a brief summary of the topic selected.
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