Discussion 4 – Explain why companies need turnover statistics

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Discussion 4

Post by Day 3 a cohesive and scholarly response, based on and supported by your required readings, media, and research this week, that addresses the following:

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Discussion 4 – Explain why companies need turnover statistics
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  • Explain why companies need turnover statistics.
  • Identify specific metrics companies should use when evaluating their employee turnover and retention rates.
  • Identify the areas outside of HR where turnover can have a negative impact.
  • Explain how turnover and retention metrics can be used as a strategic planning tool. 

https://www.shrm.org/resourcesandtools/tools-and-samples/toolkits/pages/managingforemployeeretention.aspx