Achieving __________ turnover means understanding both the financial gains and costs of different types of turnover and controlling who stays and who leaves.

Question

Quizplus · Accepted Answer

Optimal turnover refers to finding the right balance between retaining valuable employees and letting go of those who are not contributing to the organization's success. It involves managing turnover costs (such as recruitment, training, and lost productivity) while retaining high-performing employees and letting go of those who are not a good fit or are not meeting expectations. Achieving optimal turnover requires understanding the financial gains and costs of different types of turnover and implementing strategies to retain top talent while addressing performance and cultural issues.

Achieving __________ Turnover Means Understanding Both the Financial Gains and Costs