All glossary terms
E
Employee Churn / Attrition
The percentage of employees who left the company over a period. Voluntary (the employee's choice) or involuntary (termination). High turnover is expensive: replacing one employee costs 50% to 200% of their annual salary (recruiting + onboarding + knowledge loss).
Example
"Reducing turnover from 24% to 14% saved the company $60K a year in recruiting."
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