Staff Retention and Labour Turnover

This video introduces and explains the concept of labour (or staff) turnover and illustrates how the labour turnover ratio is calculated. #alevelbusiness #businessrevision 0:00 Introduction 0:15 Key Measures of HR Performance 1:06 Employee Retention 2:09 What is Labour Turnover? 2:40 Labour Turnover Formula 3:03 Labour Turnover Example 4:25 Problems of High Staff Turnover 5:47 Factors that Affect Staff Turnover (2) 8:38 Ways to Improve Staff Turnover