Employee Turnover refers to the rate at which employees leave an organization and are replaced by new hires. High turnover can impact business continuity, productivity, and recruitment costs, especially in labor-intensive industries like manufacturing, retail, logistics, and facility management. Turnover can be voluntary (resignations, job changes) or involuntary (terminations, layoffs), and tracking it is essential for workforce planning and retention strategies.

For businesses managing contract workers, gig employees, and blue-collar workforce, analyzing turnover trends helps in identifying retention challenges, improving employee engagement, and reducing hiring costs. Companies use HR analytics, exit interviews, and workforce management tools to monitor turnover rates, address workplace issues, and enhance employee satisfaction. A well-structured retention strategy, competitive compensation, and a positive work environment can significantly reduce employee turnover and improve long-term workforce stability.