Employee turnover quantifies how many staff leave a company, whether by choice or circumstance, balanced against total workforce numbers. Tracking these rates sheds light on organizational health and workforce satisfaction.
For 2024, the landscape of employee turnover shows significant patterns:
Resignation rates remain high, influenced by a demanding job market.
Younger workforce segments, particularly millennials, exhibit the highest turnover rates.
This article delves into these dynamics, offering a snapshot of where businesses stand and where they might head in terms of staff retention.
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