According to XpertHR , the average turnover of employees in the finance sector is 6.1% and in the technology sector is 3.9%.
If your organisation’s turnover rate is higher then this, you have a great opportunity to gain competitive advantage by holding on to your best talent.
The goal isn’t to reduce your staff turnover to 0%, as some turnover is a good thing (i.e. making sure you are bringing in fresh talent to help improve the business).
However, we do want to remove any unwanted attrition.
This report will look at the importance of putting a concerted effort into retaining your best talent, why people leave a business and the steps you can implement today to improve your employee retention.