High employee turnover drains resources and damages morale. This article provides actionable strategies to understand your turnover rate, identify its root causes, and implement effective retention strategies. Whether you have five minutes or an hour, you'll find valuable insights to build a more stable and engaged workforce. The High Cost of Employee Churn: Why Turnover Matters Employee turnover, the rate at which employees leave an organization, is more than just a statistic; it's a vital sign of workplace health. High turnover can cripple a company's bottom line and create a toxic work environment. While some turnover is inevitable (and even desirable in certain cases – more on that later), excessive turnover can signal serious underlying issues. The financial impact alone is staggering. Replacing an employee can cost anywhere from six to nine months of their salary, according to SHRM . These costs include recruitment fees, lost productivity during the vacancy, onboa...