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Reduce turnover
Topics about “Reducing turnover”:
- What is staff turnover?
- Calculate turnover
- What is an average staff turnover?
- Why staff turnover?
- How to reduce turnover with the Deepler 'gradient' module?
- Staff turnover statistics
Topics about “Reducing turnover”:
The gradient module contains themes to measure what causes the turnover. That way, in 2 minutes, you can measure what you need to know to reduce your turnover.
With insight into the causes, you can carry out targeted interventions. The scores are transparent at team level, which helps you make improvements easily and quickly.
By continuously collecting and analyzing feedback, you can steer more proactively, but you can also measure your progress. That way, you are constantly up to date with what is going on and what is changing.
Employee turnover refers to the number of employees who leave an organization within a given time period, often expressed as a percentage of the total workforce. High turnover levels can be problematic due to recruitment and training costs and loss of productivity.
While some levels of staff turnover are normal, high turnover levels can be problematic for organizations. This is because this costs money.
Especially due to the tight labor market in 2024, attracting and retaining staff is essential to continue to exist as an organization. Indeed, the labor market remains quite tight.
To calculate staff turnover, follow this formula:
Staff turnover rate = (Number of employees who left/Average number of employees) x 100%
Calculate employee turnover example:
Let's say a company had 100 employees at the beginning of the year and 10 employees left during the year. At the end of the year, the company had 110 employees.
Number of employees who left = 10 Average number of employees = (100 + 110)/2 = 105
Staff turnover rate = (10/105) x 100 ≈ 9.52%
So the staff turnover rate for that year would be 9.52%.
Many professionals ask themselves “What is a healthy staff turnover?” To answer that question properly, it is important to look at the sector. An overview of the turnover rates per sector can be found on the CBS website.
This staff turnover has been calculated on the basis of different organizations in certain sectors. It follows the same formula as explained earlier on this page.
Do you want to calculate your staff turnover and compare it to the benchmark? So you can do that easily by following the formula.
Staff turnover is mainly caused by a mismatch between employees' expectations and the realities of their work or company culture, resulting in dissatisfaction.
Other key drivers include striving for better employment conditions and opportunities elsewhere, made possible in part by technological advances and flexible work options.
Finally, a lack of professional development opportunities and career paths within an organization is often a cause for leaving your organization.
the salary is spent on replacing an employee
of the employees are unsure about quitting their jobs after COVID
quits a job due to poor management
wants to leave their current job due to a lack of growth
