Employees should be viewed as prized long term assets. Resources should be dedicated to improving their engagement and satisfaction in the workplace.
With the right combination of systems in place, you will increase your employee engagement, and reduce your overall turnover.
Remember: Turnover in and of itself isn't intrinsically harmful to a business. As can be seen above, several types of turnover can be beneficial, but the ones which cost billions of dollars a year are incredibly hurtful to businesses. So, be sure to invest in the right initiatives to stave off those negative forms.
KPI Formula (total number of leavers / average number of employees) x 100.