By | Robert Imbrie | www.predictiveindex.com
When your best employees leave, it often feels unexpected. “They’re leaving now? Didn’t we work so hard to keep them engaged?”
The fact is, employee turnover isn’t completely under your control. Sometimes an employee needs to grow in ways you can’t provide, or they need a raise your budget can’t handle. Other times, turnover is high because of a competitive market or other outside factors.
That doesn’t mean you should stop trying. While you can’t stop every employee from leaving, there’s a lot you can control. In this article, we’ll show you powerful strategies to keep retention high. We’ll also explore how to support these strategies with engagement software. Along the way, we’ll cover a handful of topics:
- What are the different types of employee turnover?
- How do I calculate voluntary and involuntary turnover?
- What causes employee turnover?
- Why is reducing employee turnover important?
- 5 strategies to boost employee retention
- How the Predictive Index can stop high turnover
What are the different types of turnover?
Your employee turnover rate can be split into two main categories: voluntary turnover and involuntary turnover.