Turnover Report

The Turnover Report provides a comprehensive view of turnover ratios based on placement end reasons, allowing organizations to understand the dynamics of talent churn. By analyzing positive and negative end reasons, stakeholders can identify patterns, address retention challenges, and optimize workforce management strategies for improved talent retention and organizational stability.

Key Takeaways

• Insights into Turnover Dynamics: The report offers a detailed breakdown of turnover ratios based on placement end reasons, enabling organizations to understand the reasons behind talent departures. This insight helps in identifying trends, such as common reasons for turnover, and allows for targeted interventions to address retention challenges.
• Retention Performance Evaluation: By analyzing positive and negative turnover percentages, organizations can evaluate their retention efforts and gauge the effectiveness of strategies aimed at reducing turnover. This allows for the identification of areas of success as well as areas needing improvement in talent retention initiatives.
• Optimization of Workforce Management: Understanding average assignment lengths and turnover rates across different job types and divisions allows organizations to optimize workforce planning and management strategies. This includes adjusting recruitment practices, refining job roles, and implementing targeted retention measures to maintain a stable and productive workforce.
  
  

Values for Each Role

• HR Managers/Officers: HR managers can utilize this report to assess turnover trends, identify common reasons for talent departure, and develop targeted retention strategies. They can also use the insights to improve recruitment practices and enhance the overall employee experience.
• Recruiters and Talent Acquisition Specialists: Recruiters can leverage this report to understand turnover dynamics within specific job roles or departments, allowing them to adjust their recruitment strategies to attract candidates who are more likely to stay long-term.
• Department Heads and Team Leaders: Department heads and team leaders can use the report to identify turnover patterns within their teams, understand the impact of turnover on productivity and morale, and take proactive measures to address any underlying issues.
• Finance Managers: Finance managers may find value in this report to understand the financial implications of turnover, such as the costs associated with recruitment, training, and lost productivity. They can use this information to develop budgets and allocate resources more effectively.
• Executive Leadership: Senior leaders can utilize the report to gain a holistic view of turnover trends across the organization, assess the effectiveness of talent management initiatives, and make strategic decisions to improve retention and maintain organizational stability.
  
  

Click here to go to the Operational Category (list of Standard Reports)

Click on the links below for more information: List of Standard Reports List of BOLD Analyze Reports List of INSIGHTS Dashboards List of Business Intelligence (BI) Reports

CHAPTERS Legend Locating the Report Logic Filter Options Field Details

Legend

Locating the Report

1. Click on Analyze Tab
   The Reports Sub Tab will automatically be selected
2. In the Search Reports field, type TURNOVER
3. Click on the Turnover Report

Logic

View turnover ratios of your talent based on your placement end reasons.

• Click here to go to the Operational Category (list of Standard Reports)

Filter Options

	Filter Name	Options	Explanation
	Division	All available Employers	Filters Job's Employer
	Region	All available Regions	Filters Job's Region
	Office	All available Branchs	Filters Job's Branch
	Company	All available Companys	Filters Job's Companies
	Job Type	All available Job Types	Filters Job Type
	Date Type	Job Creation Date, Placement Start Date, and Placement End Date
	Date From		Start Date for check Job's Created Date or Placement's End Date
	Date To		End Date for check Job's Created Date or Placement's End Date
	Date Range	Yesterday, Today, Tomorrow, ...	When 'Date Range' is selected, 'Date From' and 'Date To' will be automatically disabled. The user will need to select either 'Date Range' or enter 'Date From' and 'Date To'.

Field Details

• Click here to go to the Operational Category (list of Standard Reports)

Field Name	Description	Notes
Job Branch	Job's Employer, Region, and Branch Name
Requistion ID	Job's Requisition ID
Requistion	Job ID
Company	Job's Companies Name
Company Branch	Job's Hiring Manager's Office Name
Manager	Job's Hiring Manager
Job Title	Job's Title
Job Type	Job Type
Job Status	Job Status
Target Pay Rate	Job's Regular PayRate
Target Bill Rate	Job's Regular BillRate
Open Positions	Difference between no. of required positions and no. of placed positions for job
Placed	Total number of Placements made
Total Positions	Total number of talents required to fulfill the job
Placement Ended	Count of placement ended based on end date if the end date is in past compared to today's date
Positive End Reasons	Count of placement ended based on end date if the end date is in past compared to today's date and the end reason type is positive.
Negative End Reasons	Count of placement ended based on end date if the end date is in past compared to today's date and the end reason type is negative
Turnover %	Total number of Placement ended /  Total number of placements made
Positive Turnover %	Total number of placements ended with positive reasons / Total number of placements made
Negative Turnover %	Total number of placements ended with negative reasons / Total number of placements made
Average Assignment Length (Days)	Average days worked in multiple assignments of a particular Job
Job Owner	Job Owner (User who entered the job)
Job Sales Rep	Job's Sales Rep