Staff turnover is detrimental to many organisations. Only the costs of finding a suitable replacement (recruitment, interviews, administration, etc.) are often higher than a full year salary. This is especially true when the original employee had scarce and non-transferable knowledge, competencies, etc. In short: Understanding reasons for departure is important for almost all organizations.
Exerts an effective influence on age Staff turnover? What makes age different? To begin with, age does not affect the overall experience of the departing employee. There is clearly no significant link between life experience and the departure of an employee to observe.