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Employee turnover is the process of replacing one worker with another for any reason. A turnover rate is the percentage of employees that a company must replace within a given time period. This rate is a concern to most companies because employee turnover can be a costly expense, especially for lower-paying jobs, which typically have the highest turnover rates.
The EE Turnover Tracker, created by the employee retention experts at Nobscot Corporation, gives you the tools you need to quickly access a variety of turnover data. 1  Instantly view U.S. Department of Labor voluntary and involuntary employment turnover benchmarks for the most recent 12 months. This is updated on a monthly basis at no additional cost to you! Get turnover stats based on industry or location. Benchmark how your company's turnover rates compare to the national average. Calculate the ROI and how much money your company can save on decreasing your own turnover rates. For Android devices: Employee Turnover Rates App for Android. For Apple devices: Employee Turnover Rates App for IPhone.