Turnover Rate

Turnover rate refers to the level of workers who leave an association over a particular period, typically every year. It is a crucial metric for assessing an organization's recruitment and retention strategies. An organization's morale and productivity can suffer because of high turnover rates, which can also result in increased costs for recruitment and training. High turnover rates may also affect a company's reputation as a preferred employer, making it more difficult to recruit top talent.

Low employee engagement, inadequate compensation and benefits, poor management practices, and a lack of career growth opportunities are some of the factors that can contribute to high turnover rates in the UAE, GCC, and KSA. To decrease turnover rates, associations should foster viable maintenance systems, for example, giving serious compensations and arrangement for assistance, offering profession improvement potential open doors, giving ordinary criticism and acknowledgment, and guaranteeing a positive workplace.

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