Definite Ways to Reduce Employee Turnover

 

This article looks at how organizations can reduce employee turnover and retain good employees. The most important question for most HR executives today is 'how to reduce employee turnover?' Employee turnover measures the frequency of employees leaving an organization for whatever reason. Further, turnover rates include all kinds of turnovers - voluntary and involuntary. There are many causes of employees leaving an organization, including career progression, better work-life balance, and bad managers. Most employee turnovers are avoidable. Getting your recruiting right in the first place by telling the candidate honestly about the company's functioning can help. Providing rewards and recognition for good work is an effective strategy to arrest turnover. Further, identifying toxic employees and getting them to change their ways or take action is important. Finally, provide employees with a schedule that helps them maintain a work-life balance.