KPI of the Day – Human Resources (HRM): % Employee Turnover
Definition
Measures the rate at which employees leave the organization in a given time period (e.g. month, quarter, year).
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Measures the rate at which employees leave the organization in a given time period (e.g. month, quarter, year).
Measures the percentage of job offers accepted by the applicants out of the total number of employment offers made.
Measures the return on investment generated by an organization’s human capital, after adjusting the cost of financial capital.
Change management is a crucial process to employ, when leading an organization from its current state, to its desired future state.
As the society is becoming more mobile, international and diverse, businesses face an emerging need for proper cross-cultural management that enables them to handle relationships between employees.