I'm more curious if people are able to find another equivalent job if they leave. 10% turnover is a lot less impressive if you're the only game in town.
Can we trust the turnover rate or is something else keeping it down?
I've worked with a few companies where a significant portion of the staff have been there a long time--the sort of place where you join after high school and stay until retirement and the "new guy" has been there over a decade.
One CEO told me their secret to employee retention:
1. Compensate people a little better than you need to
2. Promote internally
3. Be one of the few employers in town so that 1 and 2 compound
One CEO told me their secret to employee retention:
1. Compensate people a little better than you need to
2. Promote internally
3. Be one of the few employers in town so that 1 and 2 compound