Voluntary Turnover

Intermediate 👥 Human Resources

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

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