Reducing Voluntary Turnover

Voluntary termination (also called voluntary turnover) occurs when employees leave your organization of their own accord for any reason. While every organization should expect at least some voluntary terminations, an organization with too many may be risking financial damage, reputational damage, decreased productivity, and more. In this article, APQC reviews cross-industry benchmarking data on voluntary terminations and highlights some practices that help leading organizations to reduce them.