Workforce Metrics Pocket Guide
Keep core workforce-movement definitions ready during analysis.
What are quits? Voluntary separations initiated by employees. Retirements and transfers to other locations are not quits in the BLS JOLTS definition. Openings versus hires Openings show demand; hires show filled demand. Turnover is up, so engagement must be down. A leader links any movement to morale. Your line Maybe, but first we need to split quits, layoffs, retirements, and transfers; each category points to a different decision. A blended turnover number can make normal movement look like a retention crisis. It protects the analysis from category mistakes. What is the safest denominator habit? Use the population exposed to the…
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