Workforce Attrition Modelling

When you’re embarking on a long-term mission with your company, one of the most common challenges that you face is the impact of staff turnover. With every change in your team comes reduced continuity, increased training costs, and a risk that a misguided replacement hire can slow down growth and progress. However, this is not a risk that you can ever eliminate because some level of staff turnover is unavoidable. The only thing you can do is manage it as effectively as you can.
Let’s explore what that looks like in the context of the modern business environment.