Turnover and how to stop unwanted turnover in organisation?

The competition of competent employees is increasing in Europe’s working life because workforce is getting smaller. Post-war baby boomers are reaching retirement age and the same time fertility rates among women have decreased. This means challenges for organisations when they have higher needs to retain their employees due the demographic change in population but also because turnover processes are highly expensive. Organisations need to find ways to keep their employees more satisfied and motivated, as satisfied and motivated people are more likely to keep their jobs. In this way organisations have better possibilities to retain their competent employees and avoid unwanted turnover.

I will present next, what is meant by the term turnover. Second I will explain some means that employer can use to avoid unwanted turnover in their organisations. In the end, some conclusions follow.