How to monitor labour turnover

Author: Rachel Suff

Brightmine editor: Laura Kimpton

Summary

Click on any of the hyperlinks to go to more detailed guidance below.

• Understand why measuring and monitoring labour turnover is important as part of an employee retention strategy.
• Distinguish between voluntary and involuntary labour turnover.
• Select a method or combination of methods to measure and analyse labour turnover rates.
• Benchmark labour turnover rates against key competitors and against industry norms to decide if they are acceptable, too high or too low.
• Investigate and analyse the underlying reasons for staff departures using separation questionnaires, exit interviews and employee engagement surveys.