This post was originally published on this site
Tracking turnover rates has always been a priority in HR, but in today’s remote and hybrid workplaces, it’s more critical — and complex — than ever. With teams dispersed across cities, time zones, and even continents, it can be challenging to gauge who’s in it for the long haul versus who may be on their way out.
But turnover rate isn’t just a metric on a spreadsheet; it’s a vital tool for understanding team dynamics, driving engagement, and nurturing a healthy company culture in a virtual setting.
In this guide, we’ll break down how to accurately calculate turnover rates in the age of remote and hybrid work, along with strategies from companies that are redefining retention in today’s evolving work landscape. So, let’s dive in!
Why Calculating Turnover for Remote and Hybrid Teams is More Complex
Before diving into the numbers, let’s look at how turnover rates differ in traditional versus remote work settings. In a traditional office, turnover is visible — an employee leaves, their desk is empty, and the HR team takes note.
However, in remote or hybrid environments, the impact is less obvious and often deeper. Turnover doesn’t just mean an empty seat; it disrupts