{"id":8688,"date":"2023-09-22T10:46:01","date_gmt":"2023-09-22T08:46:01","guid":{"rendered":"https:\/\/balencio.com\/how-to-reduce-turnover-and-retain-talent\/"},"modified":"2026-04-21T15:43:58","modified_gmt":"2026-04-21T13:43:58","slug":"how-to-reduce-turnover-and-retain-talent","status":"publish","type":"post","link":"https:\/\/balencio.com\/en\/how-to-reduce-turnover-and-retain-talent\/","title":{"rendered":"How to reduce turnover and retain talent ?"},"content":{"rendered":"\n<div class=\"wp-block-grimlock-wrapper alignfull  wp-block-grimlock-wrapper--inner-narrower\" style=\"--grimlock-wrapper-background-color:#F8F9FA;--grimlock-wrapper-margin-bottom:0rem;--grimlock-wrapper-padding-top:2rem;--grimlock-wrapper-border-top:0 solid #00000000;--grimlock-wrapper-border-bottom:0 solid #00000000;--grimlock-wrapper-border-left:0 solid #00000000;--grimlock-wrapper-border-right:0 solid #00000000\"><div class=\"wp-block-grimlock-wrapper__bg\"><\/div><div class=\"wp-block-grimlock-wrapper__bg-overlay\"><\/div><div class=\"wp-block-grimlock-wrapper__inner\"><div style=\"font-style:normal;font-weight:500;text-transform:uppercase\" class=\"taxonomy-category has-text-align-center wp-block-post-terms has-text-color has-black-color has-text-bigger-font-size\"><a href=\"https:\/\/balencio.com\/en\/resources\/articles\/\" rel=\"tag\">Articles<\/a><\/div>\n\n\n<div style=\"height:1rem\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n<h1 class=\"has-text-align-center wp-block-post-title\">How to reduce turnover and retain talent ?<\/h1>\n\n\t\t\t<div  class=\" wp-block-grimlock-divider alignfull grimlock-divider grimlock-divider--flip-shape-horizontally grimlock-divider--align-icon-center-center\" style=\"--grimlock-divider-shape-color:#F8F9FA;--grimlock-divider-icon-color:#000000;--grimlock-divider-background-color:#fefefe;--grimlock-divider-icon-size:20px;--grimlock-divider-height:100px;--grimlock-divider-margin-top:0px;--grimlock-divider-margin-bottom:0px;z-index:0;\"  >\n\t\t\t\t\n\t\t\t<div class=\"grimlock-divider__icon\">\n\n\t\t\t\t<svg width=\"40\" height=\"40\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 40 40\"><\/svg>\n\n\t\t\t<\/div>\n\n\t\t\t\t\t\t\n\t\t\t<div class=\"grimlock-divider__shape\">\n\t\t\t\t<svg viewBox=\"0 0 1600 200\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" preserveAspectRatio=\"none\" class=\"grimlock-divider-svg grimlock-divider-svg--curve\" aria-hidden=\"true\"><path d=\"M1610 177.3C1423 122.9 1133.3 88 808 88c-334.7 0-631.8 37-818 94.1v28h1620v-32.8z\"><\/path><\/svg>\n\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\t\t<\/div><\/div>\n\n<div class=\"wp-block-grimlock-wrapper alignfull  wp-block-grimlock-wrapper--inner-narrow\" style=\"--grimlock-wrapper-border-top:0 solid #00000000;--grimlock-wrapper-border-bottom:0 solid #00000000;--grimlock-wrapper-border-left:0 solid #00000000;--grimlock-wrapper-border-right:0 solid #00000000;--grimlock-wrapper-overflow:visible\"><div class=\"wp-block-grimlock-wrapper__bg\"><\/div><div class=\"wp-block-grimlock-wrapper__bg-overlay\"><\/div><div class=\"wp-block-grimlock-wrapper__inner\">\n<div class=\"wp-block-group has-balencio-grey-600-color has-text-color has-text-smaller-font-size is-content-justification-center is-nowrap is-layout-flex wp-container-core-group-is-layout-80041ad0 wp-block-group-is-layout-flex\">\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<p>Post\u00e9 le<\/p>\n<\/div><\/div>\n\n\n<div class=\"has-text-align-left wp-block-post-date\"><time datetime=\"2023-09-22T10:46:01+02:00\">22 September 2023<\/time><\/div><\/div>\n\n\n\n<div style=\"height:1rem\" aria-hidden=\"true\" class=\"wp-block-spacer wp-embed-aspect-16-9 wp-has-aspect-ratio\"><\/div>\n\n\n\n<p class=\"has-text-align-center wp-embed-aspect-16-9 wp-has-aspect-ratio has-balencio-blue-500-color has-text-color\" style=\"font-style:normal;font-weight:500\"><span class=\"span-reading-time rt-reading-time\"><span class=\"rt-label rt-prefix\"><\/span> <span class=\"rt-time\"> 2<\/span> <span class=\"rt-label rt-postfix\"><\/span><\/span> reading time<\/p>\n\n\n\n<div style=\"height:1rem\" aria-hidden=\"true\" class=\"wp-block-spacer wp-embed-aspect-16-9 wp-has-aspect-ratio\"><\/div>\n\n\n<figure style=\"width:100%;\" class=\"wp-embed-aspect-16-9 wp-has-aspect-ratio wp-block-post-featured-image\"><img decoding=\"async\" width=\"1186\" height=\"591\" src=\"https:\/\/balencio.com\/wp-content\/uploads\/2023\/09\/turnover.svg\" class=\"attachment-full size-full wp-post-image\" alt=\"Illustration d\u2019une personne quittant un bureau en portant une bo\u00eete d\u2019affaires\" style=\"object-fit:cover;\" \/><\/figure>\n\n\n<div class=\"wp-block-columns is-not-stacked-on-mobile wp-embed-aspect-16-9 wp-has-aspect-ratio is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:75%\">\n<p><\/p>\n\n\n<h2 class=\"wp-block-heading\" id=\"what-is-turnover\">What is turnover ?<\/h2>\n\n\n<p>Turnover refers to the rate at which employees leave and join an organization. When the turnover rate does not exceed 15%, it is generally considered beneficial for the company. However, when it becomes excessively frequent and unwarranted, it can significantly harm the organization.  <\/p>\n\n\n<h2 class=\"wp-block-heading\" id=\"turnover-a-bad-for-the-company\">Turnover, a bad for the company ?<\/h2>\n\n\n<p>A healthy turnover rate includes retirements, parental leave, internal transfers, restructurings, and the recruitment of new talent, among others. For most organizations, maintaining a turnover rate around 15% is strategically important. Indeed, the higher the rate, the more it may indicate underlying social and\/or operational issues within the company.   <\/p>\n\n\n\n<p>On the other hand, a high turnover rate can generate significant financial costs for an organization for several reasons. These include severance payments related to employee departures, the cost of training new hires, a loss of productivity, a decline in work quality, and more. In addition, a sudden and large-scale wave of departures can also disrupt the smooth functioning and overall organization of the company.  <\/p>\n\n\n<h2 class=\"wp-block-heading\" id=\"the-usefulness-of-a-high-turnover-in-certain-sectors\">The usefulness of a high turnover in certain sectors<\/h2>\n\n\n<p>However, there are certain situations or specific sectors where a higher turnover rate can be beneficial. Indeed, it can help energize an organization or enable it to acquire new skills and expertise. <\/p>\n\n\n\n<p>In order to assess the impact of turnover, it must first be properly analyzed. When departures are linked to dysfunctions, interpersonal conflicts, or a lack of communication, this may indicate that the company is experiencing difficulties in managing its human capital. <\/p>\n\n\n<h2 class=\"wp-block-heading\" id=\"what-are-the-causes-of-chronic-turnover\">What are the causes of chronic turnover ?<\/h2>\n\n\n<p>The causes of chronic turnover are often multifactorial. They notably include corporate culture, stress, quality of working life, and burnout, all of which can contribute to an increase in turnover rates. <\/p>\n\n\n<h2 class=\"wp-block-heading\" id=\"what-are-the-consequences-of-chronic-turnover\">What are the consequences of chronic turnover ?<\/h2>\n\n\n<p>Chronic turnover often has severe consequences, such as a significant drop in productivity, high financial costs, and an unattractive working environment. An effective analysis of turnover helps reduce these impacts, as it enables the implementation of appropriate corrective measures. <\/p>\n\n\n<h2 class=\"wp-block-heading\" id=\"how-to-reduce-your-turnover\">How to reduce your turnover ?<\/h2>\n\n\n<p>To reduce turnover, it is first and foremost necessary to identify the causes of such a cyclical change within the company, so that we can then act accordingly.<\/p>\n\n\n\n<p>It is also possible to take <strong>preventive <\/strong>action. This can be achieved by communicating with employees about the company\u2019s internal developments, by providing them with future prospects (e.g., training opportunities, transparent career progression paths, etc.), or, where possible, by implementing internal mobility opportunities. <\/p>\n\n\n\n<div style=\"height:2rem\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div style=\"height:2rem\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-group is-nowrap is-layout-flex wp-container-core-group-is-layout-ad2f72ca wp-block-group-is-layout-flex\"><div class=\"wp-block-avatar\"><img alt='Emeline Martin Avatar' src='https:\/\/secure.gravatar.com\/avatar\/5eac71021853d1167789c10c1d7d4429ca0cb6b5daef221e50d9f771ee898ac3?s=48&#038;d=mm&#038;r=g' srcset='https:\/\/secure.gravatar.com\/avatar\/5eac71021853d1167789c10c1d7d4429ca0cb6b5daef221e50d9f771ee898ac3?s=96&#038;d=mm&#038;r=g 2x' class='avatar avatar-48 photo wp-block-avatar__image' height='48' width='48' \/><\/div>\n\n\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\"><div style=\"font-style:normal;font-weight:600;\" class=\"wp-block-post-author-name\">Emeline Martin<\/div>\n\n\n<p class=\"has-balencio-grey-700-color has-text-color has-text-smaller-font-size\"><\/p>\n<\/div><\/div>\n<\/div>\n\n\n\n<div style=\"height:0.5rem\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n\n<div class=\"addtoany_shortcode\"><div class=\"a2a_kit a2a_kit_size_32 addtoany_list\" data-a2a-url=\"https:\/\/balencio.com\/en\/how-to-reduce-turnover-and-retain-talent\/\" data-a2a-title=\"How to reduce turnover and retain talent ?\"><a class=\"a2a_button_facebook\" href=\"https:\/\/www.addtoany.com\/add_to\/facebook?linkurl=https%3A%2F%2Fbalencio.com%2Fen%2Fhow-to-reduce-turnover-and-retain-talent%2F&amp;linkname=How%20to%20reduce%20turnover%20and%20retain%20talent%20%3F\" title=\"Facebook\" rel=\"nofollow noopener\" target=\"_blank\"><\/a><a class=\"a2a_button_twitter\" href=\"https:\/\/www.addtoany.com\/add_to\/twitter?linkurl=https%3A%2F%2Fbalencio.com%2Fen%2Fhow-to-reduce-turnover-and-retain-talent%2F&amp;linkname=How%20to%20reduce%20turnover%20and%20retain%20talent%20%3F\" title=\"Twitter\" rel=\"nofollow noopener\" target=\"_blank\"><\/a><a class=\"a2a_button_email\" href=\"https:\/\/www.addtoany.com\/add_to\/email?linkurl=https%3A%2F%2Fbalencio.com%2Fen%2Fhow-to-reduce-turnover-and-retain-talent%2F&amp;linkname=How%20to%20reduce%20turnover%20and%20retain%20talent%20%3F\" title=\"Email\" rel=\"nofollow noopener\" target=\"_blank\"><\/a><a class=\"a2a_dd addtoany_share_save addtoany_share\" href=\"https:\/\/www.addtoany.com\/share\"><\/a><\/div><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column column--sticky is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:25%\">\n<div class=\"wp-block-group balencio-article-sidebar is-vertical is-layout-flex wp-container-core-group-is-layout-8cf370e7 wp-block-group-is-layout-flex\">\n<div class=\"wp-block-grimlock-wrapper  wp-block-grimlock-wrapper--inner-full box--shadowed\" style=\"--grimlock-wrapper-padding-top:2rem;--grimlock-wrapper-padding-right:1rem;--grimlock-wrapper-padding-bottom:2rem;--grimlock-wrapper-padding-left:1rem;--grimlock-wrapper-border-top:1px solid #EAECEF;--grimlock-wrapper-border-bottom:1px solid #EAECEF;--grimlock-wrapper-border-left:1px solid #EAECEF;--grimlock-wrapper-border-right:1px solid #EAECEF;--grimlock-wrapper-border-top-left-radius:27px;--grimlock-wrapper-border-top-right-radius:0px;--grimlock-wrapper-border-bottom-left-radius:27px;--grimlock-wrapper-border-bottom-right-radius:27px\"><div class=\"wp-block-grimlock-wrapper__bg\"><\/div><div class=\"wp-block-grimlock-wrapper__bg-overlay\"><\/div><div class=\"wp-block-grimlock-wrapper__inner\">\n<p class=\"has-text-align-left has-balencio-blue-500-color has-text-color has-h-5-font-size\">Table des mati\u00e8res<\/p>\n\n\n<ul class=\"simpletoc-list\">\n<li><a href=\"#what-is-turnover\">What is turnover ?<\/a>\n\n<\/li>\n<li><a href=\"#turnover-a-bad-for-the-company\">Turnover, a bad for the company ?<\/a>\n\n<\/li>\n<li><a href=\"#the-usefulness-of-a-high-turnover-in-certain-sectors\">The usefulness of a high turnover in certain sectors<\/a>\n\n<\/li>\n<li><a href=\"#what-are-the-causes-of-chronic-turnover\">What are the causes of chronic turnover ?<\/a>\n\n<\/li>\n<li><a href=\"#what-are-the-consequences-of-chronic-turnover\">What are the consequences of chronic turnover ?<\/a>\n\n<\/li>\n<li><a href=\"#how-to-reduce-your-turnover\">How to reduce your turnover ?<\/a>\n<\/li><\/ul><\/div><\/div>\n\n\n\n<div style=\"height:0px\" aria-hidden=\"true\" class=\"wp-block-spacer wp-container-content-42c95ffb\"><\/div>\n\n\n\n<div class=\"wp-block-grimlock-wrapper  wp-block-grimlock-wrapper--inner-full box--shadowed\" style=\"--grimlock-wrapper-margin-top:0rem;--grimlock-wrapper-border-top:0 solid #00000000;--grimlock-wrapper-border-bottom:0 solid #00000000;--grimlock-wrapper-border-left:0 solid #00000000;--grimlock-wrapper-border-right:0 solid #00000000;--grimlock-wrapper-border-top-left-radius:27px;--grimlock-wrapper-border-bottom-left-radius:27px;--grimlock-wrapper-border-bottom-right-radius:27px\"><div class=\"wp-block-grimlock-wrapper__bg\"><\/div><div class=\"wp-block-grimlock-wrapper__bg-overlay\"><\/div><div class=\"wp-block-grimlock-wrapper__inner\">\n<figure class=\"wp-block-image size-large is-resized w-100\"><img decoding=\"async\" width=\"685\" height=\"493\" src=\"https:\/\/balencio.com\/wp-content\/uploads\/2023\/09\/Newsletter-4.svg\" alt=\"Illustration d\u2019une communication ou un personnage assis tient un m\u00e9gaphone tandis qu\u2019un ordinateur affiche une grande enveloppe ouverte.\" class=\"wp-image-7524\" style=\"width:290px;height:auto\"\/><\/figure>\n\n\n\n<div 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Above 15%, it harms the organization. <\/p>\n","protected":false},"author":3,"featured_media":3826,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[44],"tags":[57],"class_list":["post-8688","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","tag-article"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Staff turnover : solutions and strategies<\/title>\n<meta name=\"description\" content=\"Turnover describes the departures and arrivals of workers in a company. 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