Employee Turnover

The average turnover rate for companies and businesses globally is 18%. One of the after-effects of the pandemic meant record rates of turnover across the world. Businesses now must compete for a limited pool of talent that is willing to jump ship for better and lucrative opportunities. Employees can leave their job or the workforce for various reasons. How does it impact your business? Is it called attrition or turnover? How can you manage it? Let’s understand employee attrition and how it affects you