Tag Archives: #StaffRetentionStrategies

Are turnover and attrition the same?

Turnover and Attrition     Here’s an explanation of the differences between turnover and attrition: Turnover: Turnover refers to the rate at which employees leave an organization and are replaced by new hires. It is a broader term that encompasses all types of employee separations, including voluntary resignations, retirements, layoffs, and terminations. Turnover is typically… Read More »

What is Standard Turnover?

Standard Turnover The term “standard turnover” does not have a specific and universally recognized meaning in business or financial terminology. However, if you are referring to the phrase in the context of turnover, it could be interpreted as the average or expected turnover level for a particular industry, sector, or business. For more information to… Read More »