What is Employee Turnover?
Employee turnover is the tendency of an employee to leave an organisation, employee turnover is the opposite of employee retention. Some of the reasons for employee turnover are,
1. Poor Work-Life Balance: Poor work-life balance means that working hours are too long, causing the employee to devote too much time to work and have too few holidays. Due to this, personal life gets disturbed, and the employee leaves the organisation and goes to an organisation where work-life balance is ensured.
2. Personal Reasons: Sometimes, an employee’s decision to leave a job is due to personal reasons, such as their family relocating to a new city. Since the entire family is shifting, this forces the employee to leave the job.
3. Incompatibility with the Job: Dissatisfaction arises from the inconsistency between an employee’s skills, knowledge, and experience with the demands of the job, that the employee is not given relevant work, this inconsistency causes people to leave the job and join a company that promotes employee development.
4. Lack of Growth: Lack of growth means that the structure of the company is such that the employees they hire remain in the same position for a long time, do not get promotions, and have no growth within the organisation.
5. Poor Employee-Employer Relationship: A major cause of employee turnover, poor relationships, whether within management or between management and employees, contribute significantly to turnover. When employees feel undervalued and their feedback is not acknowledged, they seek a more supportive work environment.