Definition
When employees leave a company by their own choice, as opposed to being laid off or fired. It's the metric that keeps HR executives up at night because it indicates something they could've controlled.
Example Usage
Our voluntary turnover increased 15% this year, suggesting our retention strategy isn't working.
Origin
HR analytics terminology from the 1990s
Fun Fact
The #1 reason employees voluntarily leave is poor management, not compensation.
Source: SHRM Employee Retention Studies
Related Terms
Translate This Term
See “Voluntary Turnover” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.
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