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What is high staff turnover?

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Quick Answer

High staff turnover means an organization loses a relatively high percentage of employees compared to those it hires and retains. High turnover is costly for an organization because of the costs to hire and train a new worker and the lost knowledge of the exiting worker.

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Full Answer

Various factors contribute to high turnover, including hiring people who don't fit the organization in the first place. Providing compensation that is below industry norms and operating a work culture that leads to low morale are other key drivers of high staff turnover. Proactive reviews of HR practices and compensation may help combat the issue of high turnover.

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