Remove Competencies Remove Employee Recognition Remove Retirement Remove TinyPulse
article thumbnail

11 Easy Ways to Reduce Employee Turnover

Bonusly

From a broad perspective, there are two categories of employee turnover: voluntary and involuntary. Voluntary turnover occurs when an employee chooses to leave an organization of their own volition. Involuntary turnover occurs when an employee who would otherwise continue to work for an organization is released.

article thumbnail

Calculating Employee Turnover Rate & Strategies to Reduce it

Empuls

But the high employee turnover rates in the technology industry, in general, may have more to do with competition for staff. As competition in the sector increases for scarce resources, companies offer more competitive salaries and benefits to compete, which prompts some employees to jump ship when they find better opportunities.