Employee Turnover: Definition, Tips, and 2022 Trends

Employee turnover is a generalized term that refers to workers parting ways with the institution or company they work for. It can occur in different ways, both undesirable or desirable, and can be costly. Voluntary turnover is when an employee leaves a company or institution based on their own decision and not the employers', and can cause major disruptions in the workplace. Involuntary turnover is when parting ways with the company happens for reasons that are out of the employees' hands, and is usually divided into two subtypes: Controllable and Uncontrollable. Controllable involuntary turnover is when an organization terminates an employee's contract or asks them to resign due to poor performance or unprofessional behavior.

Uncontrollable involuntary turnover is when neither parties are able to control, such as death, disability, and forced downsizing. Turnover vs attrition vs churn refers to the overall number of employees who end up parting ways with the company, including both turnover and attrition. The most important details in this text are the reasons why employees leave a company, as well as the events that trigger a sudden leave. These reasons include dissatisfaction with their pay, feeling underappreciated and overworked, personal reasons, looking for new challenges, seeking another job title, conflicts with company policies and visions, and trying to strike a better work/life balance. Businesses should be able to identify the signs of an employee ready to leave, such as a decrease in their productivity level.