{"id":38272,"date":"2023-06-15T09:45:49","date_gmt":"2023-06-15T13:45:49","guid":{"rendered":"https:\/\/www.dailypay.com\/?page_id=38272"},"modified":"2025-02-05T16:29:52","modified_gmt":"2025-02-05T21:29:52","slug":"employee-turnover","status":"publish","type":"page","link":"https:\/\/www.dailypay.com\/employee-turnover\/","title":{"rendered":"How to Reduce the Employee Turnover Rate at Your Company"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"38272\" class=\"elementor elementor-38272\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-425b0877 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"425b0877\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-611021a9\" data-id=\"611021a9\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5323c42a elementor-widget elementor-widget-breadcrumbs\" data-id=\"5323c42a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"breadcrumbs.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p id=\"breadcrumbs\"><\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-438eb137 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"438eb137\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-496bc700\" data-id=\"496bc700\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-48ef1857 elementor-widget elementor-widget-html\" data-id=\"48ef1857\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t  <section class=\"landing-section-padding p0\" style=\"display: flex;\">\n    <div class=\"landing-section-inner\" style=\"max-width: none;padding: 0px;\">\n      <div class=\"dp-column-text-img\">\n        <div class=\"dp-column-text-left\" style=\"display: flex;justify-content: center;\">\n          <h1 class=\"dp-font-40\" style=\"margin-bottom: 28px; max-width: 450px; margin-top: 0px;\">How to Reduce the Employee Turnover Rate at Your Company<\/h1>\n        <\/div>\n        <div class=\"dp-column-img-right\" style=\"display: flex;justify-content: center;align-items: center;\">\n          <img decoding=\"async\" style=\"display: table;\" src=\"\/wp-content\/uploads\/employee-turnover-pillar-hero.png\">\n        <\/div>\n      <\/div>\n    <\/div>\n  <\/section>\n  <div id=\"turnover\"><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5962914e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5962914e\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-22a635ec\" data-id=\"22a635ec\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-671fd821 elementor-widget elementor-widget-html\" data-id=\"671fd821\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t <div class=\"module-inside-page-template\">\n    <div class=\"sub-navigation-wrap m0\" style=\"margin-right: 0px;\">\n     <div class=\"table-of-contents modules-subnav-trigger\">\n      <div class=\"subnav-module-header-button-wrap\">\n       <h3 class=\"text-upper mt0 pl10 mb0\" style=\"text-transform: uppercase !important;font-size: 12px;font-weight: 600 !important\">In this Article<\/h3>\n       <div class=\"nav-mobile-subnav-module\">\n        <a id=\"nav-toggle-subnav-module\" href=\"#!\"><span><\/span><\/a>\n       <\/div>\n      <\/div>\n      <div class=\"module-subnav\">\n       <ul id=\"edu-modules-side-menu\">\n        <li class=\"\"><a data-scroll href=\"#turnover\">What is Employee Turnover?<\/a><\/li>\n        <li class=\"\"><a data-scroll href=\"#types-turnover\">What are the Types of Employee Turnover?<\/a><\/li>\n        <li class=\"\"><a data-scroll href=\"#employee-turnover-employee-attrition\">Employee Turnover vs. Employee Attrition<\/a><\/li>\n        <li class=\"\"><a data-scroll href=\"#calculate-turnover\">How to Calculate Your Employee Turnover Rate<\/a><\/li>\n        <li class=\"\"><a data-scroll href=\"#high-turnover\">Causes of a High Employee Turnover Rate<\/a><\/li>\n        <li class=\"\"><a data-scroll href=\"#high-negative\">The Negative Impact of High Employee Turnover<\/a><\/li>\n        <li class=\"\"><a data-scroll href=\"#turnover-company\">How to Reduce the Employee Turnover Rate at Your Company<\/a><\/li>\n        <li class=\"\"><a data-scroll href=\"#faq\">FAQ<\/a><\/li>\n       <\/ul>\n      <\/div>\n     <\/div>\n    <\/div>\n    <\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-38c51c70\" data-id=\"38c51c70\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-3a9803ff elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3a9803ff\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-64001ff4\" data-id=\"64001ff4\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2915a35c elementor-widget elementor-widget-ucaddon_dp_heading_text\" data-id=\"2915a35c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_dp_heading_text.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start DP Heading Text -->\n<style>\/* widget: DP Heading Text *\/\n\nh1 span, h2 span, h3 span, h4 span, h5 span, h6 span {\n  font-family: var(--primary-font) !important;\n}\n\n<\/style>\n\n<h2 class=\"dp-font-32 navy-text dp-font-primary f-weight-300 text-left dp-mb12 mt0\" style=\"max-width: px;margin: auto;\">What is Employee Turnover?<\/h2>\n<!-- end DP Heading Text -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-42f329b2 elementor-widget elementor-widget-text-editor\" data-id=\"42f329b2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span id=\"types-turnover\"><\/span>Employee turnover refers to employees leaving an organization and being replaced by new employees. It is a measure of the rate at which employees join and leave a company over a specific period.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5f82821e elementor-widget elementor-widget-ucaddon_dp_heading_text\" data-id=\"5f82821e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_dp_heading_text.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start DP Heading Text -->\n<style>\/* widget: DP Heading Text *\/\n\nh1 span, h2 span, h3 span, h4 span, h5 span, h6 span {\n  font-family: var(--primary-font) !important;\n}\n\n<\/style>\n\n<h2 class=\"dp-font-32 navy-text dp-font-primary f-weight-300 text-left dp-mb12 dp-mt32\" style=\"max-width: nonepx;margin: auto;\">What Are the Types of Employee Turnover?<\/h2>\n<!-- end DP Heading Text -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-11725a93 elementor-widget elementor-widget-text-editor\" data-id=\"11725a93\" data-element_type=\"widget\" data-e-type=\"widget\" id=\"benefits-for-employer\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Employee turnover can be classified into two types: voluntary turnover and involuntary turnover.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-53f0a991 elementor-widget elementor-widget-html\" data-id=\"53f0a991\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"employee-turnover-numbers-wrap\">\n    <div class=\"employee-turnover-numbers-item\">\n        <p class=\"employee-turnover-number mb0\">1<\/p>\n        <div class=\"employee-turnover-numbers-text\">\n            <p class=\"f-weight-600 mb0\" style=\"line-height: 28px;\">Voluntary Turnover<\/p>\n            <p class=\"mb0\" style=\"line-height: 28px;\">This occurs when employees choose to leave the organization willingly. Reasons for voluntary turnover can vary and may include pursuing better job opportunities, seeking career advancement, dissatisfaction with the current job or work environment, relocation, retirement or personal reasons.<\/p>\n        <\/div>\n    <\/div>\n    <div class=\"employee-turnover-numbers-item\">\n        <p class=\"employee-turnover-number mb0\">2<\/p>\n        <div class=\"employee-turnover-numbers-text\">\n            <p class=\"f-weight-600 mb0\" style=\"line-height: 28px;\">Involuntary Turnover<\/p>\n            <p class=\"mb0\" style=\"line-height: 28px;\">Involuntary turnover refers to employees being separated from the organization against their will. This can happen due to various reasons,<span id=\"employee-turnover-employee-attrition\"><\/span> such as poor performance, violations of company policies, downsizing, restructuring or disciplinary actions.<\/p>\n        <\/div>\n    <\/div>\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-775fb4bc elementor-widget elementor-widget-ucaddon_dp_heading_text\" data-id=\"775fb4bc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_dp_heading_text.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start DP Heading Text -->\n<style>\/* widget: DP Heading Text *\/\n\nh1 span, h2 span, h3 span, h4 span, h5 span, h6 span {\n  font-family: var(--primary-font) !important;\n}\n\n<\/style>\n\n<h2 class=\"dp-font-32 navy-text dp-font-primary f-weight-300 text-left dp-mb12 dp-mt32\" style=\"max-width: nonepx;margin: auto;\">Employee Turnover vs. Employee Attrition<\/h2>\n<!-- end DP Heading Text -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9d6753e elementor-widget elementor-widget-text-editor\" data-id=\"9d6753e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Employee turnover should not be confused with <a class=\"inline-text-links\" href=\"\/resource-center\/blog\/employee-turnover-vs-attrition\/\">employee attrition<\/a>, a term which specifically refers to the natural or gradual reduction in the size of the workforce due to employees leaving the organization without being replaced.\u00a0<\/p><p>Attrition typically occurs through voluntary means, such as retirements, resignations or employees<span id=\"turnover-rate\"><\/span> choosing not to renew their contracts. Attrition is often seen as a more passive form of employee turnover, where the organization doesn&#8217;t actively initiate the departure.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a222efa elementor-hidden-desktop elementor-hidden-tablet_extra elementor-hidden-tablet elementor-hidden-mobile_extra elementor-hidden-mobile elementor-widget elementor-widget-ucaddon_dp_heading_text\" data-id=\"a222efa\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_dp_heading_text.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start DP Heading Text -->\n<style>\/* widget: DP Heading Text *\/\n\nh1 span, h2 span, h3 span, h4 span, h5 span, h6 span {\n  font-family: var(--primary-font) !important;\n}\n\n<\/style>\n\n<h2 class=\"dp-font-32 navy-text dp-font-primary f-weight-300 text-left dp-mb12 dp-mt32\" style=\"max-width: nonepx;margin: auto;\">What Is an Employee Turnover Rate?<\/h2>\n<!-- end DP Heading Text -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-59814185 elementor-hidden-desktop elementor-hidden-tablet_extra elementor-hidden-tablet elementor-hidden-mobile_extra elementor-hidden-mobile elementor-widget elementor-widget-text-editor\" data-id=\"59814185\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Employee turnover rate is the number of employees who leave your company during a given time period.<\/p>\n<p>Employee turnover rate is an important metric for organizations, helping them to assess the effectiveness of their talent management strategies, employee engagement levels and overall work environment.\u00a0<\/p>\n<p>High employee turnover rates can be indicative of underlying issues, such as poor management, inadequate compensation, lack of growth opportunities or negative work culture. On the other hand, low turnover rates may suggest positive aspects like employee satisfaction, strong leadership and effective <a class=\"inline-text-links\" href=\"\/resource-center\/employee-retention\/\">employee retention strategies<\/a>.<\/p>\n<p>By tracking and<span id=\"calculate-turnover\"><\/span> analyzing the employee turnover rate, companies can identify patterns, address areas of concern and implement strategies to improve employee retention and <a class=\"inline-text-links\" href=\"\/employee-engagement-strategies\/\">employee engagement<\/a>, ultimately leading to a more stable and productive workforce.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cd919af elementor-widget elementor-widget-ucaddon_dp_heading_text\" data-id=\"cd919af\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_dp_heading_text.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start DP Heading Text -->\n<style>\/* widget: DP Heading Text *\/\n\nh1 span, h2 span, h3 span, h4 span, h5 span, h6 span {\n  font-family: var(--primary-font) !important;\n}\n\n<\/style>\n\n<h2 class=\"dp-font-32 navy-text dp-font-primary f-weight-300 text-left dp-mb12 dp-mt32\" style=\"max-width: nonepx;margin: auto;\">How To Calculate Your Employee Turnover Rate<\/h2>\n<!-- end DP Heading Text -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-402001e8 elementor-widget elementor-widget-text-editor\" data-id=\"402001e8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>To calculate your employee turnover rate, divide the total number of employees who leave your organization in a month by the average number of employees at your company. Multiply this number by 100 to determine your employee turnover rate percentage.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5178954f elementor-widget elementor-widget-image\" data-id=\"5178954f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1084\" height=\"430\" src=\"https:\/\/www.dailypay.com\/wp-content\/uploads\/employee-turnover-pillar-calculation.png\" class=\"attachment-full size-full wp-image-38260\" alt=\"Illustration of the formula for calculating employee turnover rate: &quot;Employee Turnover Rate = (Employees who leave \/ Average number of employees) x 100&quot;.\" srcset=\"https:\/\/www.dailypay.com\/wp-content\/uploads\/employee-turnover-pillar-calculation.png 1084w, https:\/\/www.dailypay.com\/wp-content\/uploads\/employee-turnover-pillar-calculation-500x198.png 500w, https:\/\/www.dailypay.com\/wp-content\/uploads\/employee-turnover-pillar-calculation-768x305.png 768w\" sizes=\"(max-width: 1084px) 100vw, 1084px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7af771a elementor-widget elementor-widget-text-editor\" data-id=\"7af771a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<span id=\"high-turnover\"><\/span>Use our interactive <a class=\"inline-text-links\" href=\"\/employee-turnover-calculator\/\">employee turnover calculator<\/a> to calculate your retention improvement and potential cost savings.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-17c87ed2 elementor-widget elementor-widget-ucaddon_dp_heading_text\" data-id=\"17c87ed2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_dp_heading_text.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start DP Heading Text -->\n<style>\/* widget: DP Heading Text *\/\n\nh1 span, h2 span, h3 span, h4 span, h5 span, h6 span {\n  font-family: var(--primary-font) !important;\n}\n\n<\/style>\n\n<h2 class=\"dp-font-32 navy-text dp-font-primary f-weight-300 text-left dp-mb12 dp-mt32\" style=\"max-width: nonepx;margin: auto;\">Causes of a High Employee Turnover Rate<\/h2>\n<!-- end DP Heading Text -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e49d031 elementor-widget elementor-widget-text-editor\" data-id=\"e49d031\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>After you\u2019ve calculated your employee turnover rate, it\u2019s important to understand why employees leave. Here are some of the most common causes.\u00a0<\/p><p><strong>Financial Stressors<\/strong><\/p><p>According to the 2022 PWC Employee Financial Wellness Survey, financially stressed employees are twice as likely to be looking for a new job.<sup>1<\/sup><\/p><p><strong>Poor Work-Life Balance<\/strong><\/p><p>A poor work-life balance is not only potentially harmful to employee morale and well-being but also a significant driver of high employee turnover rates. Inflexibility in the workplace is a significant issue, and one growing even faster in a work environment with young people.<\/p><p><strong>Insufficient Career Advancement Opportunities<\/strong><\/p><p>A lack of potential for career growth and professional development can hurt your company\u2019s turnover rate.<span id=\"high-negative\"><\/span> If your company doesn\u2019t offer growth potential, you should consider how to upskill and train high-potential employees, minimizing the chances of turnover.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7fb91ad9 elementor-widget elementor-widget-ucaddon_dp_heading_text\" data-id=\"7fb91ad9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_dp_heading_text.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start DP Heading Text -->\n<style>\/* widget: DP Heading Text *\/\n\nh1 span, h2 span, h3 span, h4 span, h5 span, h6 span {\n  font-family: var(--primary-font) !important;\n}\n\n<\/style>\n\n<h2 class=\"dp-font-32 navy-text dp-font-primary f-weight-300 text-left dp-mb12 dp-mt32\" style=\"max-width: nonepx;margin: auto;\">The Negative Impact of High Employee Turnover<\/h2>\n<!-- end DP Heading Text -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3d6005e7 elementor-widget elementor-widget-text-editor\" data-id=\"3d6005e7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>A high employee turnover rate can be detrimental to a company\u2019s overall success. Some negative effects of a high employee turnover rate can harm your workplace culture, inhibit your company\u2019s ability to provide outstanding customer service and rack up a multitude of costs.<\/p><ul><li>Departure costs<\/li><li>Lost production<\/li><li>Recruiting costs<\/li><li>Onboarding and training costs<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3acd2d67 elementor-widget elementor-widget-ucaddon_dp_content_card\" data-id=\"3acd2d67\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_dp_content_card.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start DP Content Card -->\n<style>\/* widget: DP Content Card *\/\n\n.content-card-wrapper {\n   background: #f5f5f5;\n   border-radius: 8px;\n   max-width: 800px;\n   margin: auto;\n   width: 100%;\n  }\n  \n  .content-card-wrapper a {\n   display: flex;\n  }\n  \n  .content-card-text-side {\n   width: 100%;\n   display: flex;\n   flex-direction: column;\n   padding: 30px;\n  }\n  \n  .content-card-text-side p {\n   color: var(--blue-color);\n  }\n\n.content-card-text-side p.dp-breadcrum{\n\tfont-size: 14px !important;\n    line-height: 14px !important;\n}\n  \n  .content-card-text-side h3 {\n   margin-top: 0 !important;\n   font-size: 20px !important;\n   line-height: 28px !important;\n   color: var(--blue-color) !important;\n    width: 100%;\n  }\n\n  .content-card-text-side p.content-card-desc{\n  \t font-size: 16px !important;\n   line-height: 24px !important;\n   color: var(--blue-color) !important;\n    width: 100%;\n    font-weight: 300;\n  }\n  \n  p.content-card-link {\n   flex-grow: 1;\n   display: flex;\n   align-items: flex-end;\n   color: var(--darkorange-color) !important;\n   transition: all ease 0.3s;\n  }\n  \n  p.content-card-link i {\n   margin-left: 3px;\n   position: relative;\n   bottom: 5px;\n   transition: all ease 0.3s;\n    font-size: 11px !important;\n  }\n  \n  .content-card-wrapper:hover p.content-card-link i {\n   padding-left: 5px;\n  }\n  \n  .content-card-img-side {\n   width: 100%;\n    text-align: center;\n    overflow: hidden;\n    display: flex;\n    justify-content: center;\n    align-items: flex-end;\n  }\n  \n  .content-card-img-side img {\n   box-shadow: 0px 8px 20px rgba(0, 0, 0, 0.12);\n   position: relative;\n   top: 30px;\n    width: 100%;\n    max-width: 200px;\n        height: 200px;\n    object-fit: cover;\n    object-position: top;\n  }\n  \n  @media all and (max-width: 768px) {\n   .content-card-text-side {\n    padding: 12px;\n   }\n   .content-card-img-side {\n        max-width: max-content;\n    display: flex;\n    justify-content: center;\n    align-items: center;\n    padding: 10px 10px 10px 0;\n   }\n   .content-card-img-side img {\n        top: 0;\n    max-width: 110px;\n    object-fit: contain;\n    height: auto;\n   }\n    .content-card-wrapper {\n    box-shadow: 0px 8px 20px rgb(0 0 0 \/ 12%);\n          border-radius: 5px;\n}\n    .content-card-text-side h3{\n      font-size: 18px !important;\n    line-height: 26px !important;\n    }\n    p.content-card-link{\n      margin-top: 0px !important\n    }\n  }\n\n<\/style>\n\n<div class=\"content-card-wrapper\">\n  <a href=\"\/employee-turnover-calculator\/\" target=\"_blank\">\n   <div class=\"content-card-text-side\">\n    <p class=\"dp-breadcrum mt0 text-upper text-blue\">Resources<\/p>\n    <h3 class=\"titlelimit text-blue mt0\" data-maxlength=\"85\">Savings Calculator<\/h3>\n    <p class=\"content-card-desc\" style=\"display: block\">Find out how much your company can save by reducing your turnover rate.<span id=\"turnover-company\"><\/span><\/p>\n    <p class=\"content-card-link mb0 dp-mt32 dp-blue-no-style-btn dp-dark-orange-link\">Start calculator <i class='fas fa-chevron-right f12'><\/i><\/p>\n   <\/div>\n   <div class=\"content-card-img-side\">\n    <img decoding=\"async\" src=\"https:\/\/www.dailypay.com\/wp-content\/uploads\/employee-turnover-pillar-saving-calc-resource.png\" alt=\"A form displays sliders for number of employees, annual turnover rate, and cost per hire. The results show 394 fewer replacement hires and $472,800 in employer cost savings.\">\n   <\/div>\n  <\/a>\n <\/div>\n<!-- end DP Content Card -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2f176e5b elementor-widget elementor-widget-ucaddon_dp_heading_text\" data-id=\"2f176e5b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_dp_heading_text.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start DP Heading Text -->\n<style>\/* widget: DP Heading Text *\/\n\nh1 span, h2 span, h3 span, h4 span, h5 span, h6 span {\n  font-family: var(--primary-font) !important;\n}\n\n<\/style>\n\n<h2 class=\"dp-font-32 navy-text dp-font-primary f-weight-300 text-left dp-mb12 dp-mt40\" style=\"max-width: nonepx;margin: auto;\">How To Reduce the Employee Turnover Rate at Your Company<\/h2>\n<!-- end DP Heading Text -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-57f39a5a elementor-widget elementor-widget-text-editor\" data-id=\"57f39a5a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>As explained above, a high employee turnover rate can bring about some negative effects on your company if left unaddressed. Productivity loss, reduced employee morale and increased hiring costs and training costs are just a few of the most common adverse effects.\u00a0<\/p><p>To avoid these issues, companies should consider how they can reduce their employee turnover rate by increasing employee happiness.<\/p><p>There are a few methods to help keep employees happier and more engaged in their roles.<\/p><p class=\"dp-mb8 dp-mt32\"><strong>Offer Competitive Compensation and Benefits <\/strong><\/p><p>A comprehensive benefits package that goes above and beyond competitors will give a hiring edge and contribute to employee appreciation and retention.<\/p><p>Competitive compensation means not only paying industry-standard wages, but also increased flexibility for how often employees can access their earned wages. Compensation involves not only how much an employee gets paid, but also how often.<\/p><p>Employees dealing with financial stress will see negative effects on performance and productivity.<\/p><p class=\"dp-mb8 dp-mt32\"><strong>Empower Employee Financial Wellness<\/strong><\/p><p>Employers should consider how they can further support employees through <a class=\"inline-text-links\" href=\"\/resource-center\/employee-financial-wellness\/\">financial wellness<\/a> benefits. These benefits may help employees keep track of earnings and expenses, pay bills on time, budget for the future and more.<\/p><p class=\"dp-mb8 dp-mt32\"><strong>Deliver Meaningful Rewards and Recognition<\/strong><\/p><p>Recognizing an employee for their hard work can play an important role in motivating and retaining employees. However, this <a class=\"inline-text-links\" href=\"\/reward\/\">reward<\/a> should be meaningful and provide a tangible incentive for employees who\u2019ve gone above and beyond in their roles.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2eefd03b elementor-widget elementor-widget-ucaddon_dp_content_card\" data-id=\"2eefd03b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_dp_content_card.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start DP Content Card -->\n<style>\/* widget: DP Content Card *\/\n\n.content-card-wrapper {\n   background: #f5f5f5;\n   border-radius: 8px;\n   max-width: 800px;\n   margin: auto;\n   width: 100%;\n  }\n  \n  .content-card-wrapper a {\n   display: flex;\n  }\n  \n  .content-card-text-side {\n   width: 100%;\n   display: flex;\n   flex-direction: column;\n   padding: 30px;\n  }\n  \n  .content-card-text-side p {\n   color: var(--blue-color);\n  }\n\n.content-card-text-side p.dp-breadcrum{\n\tfont-size: 14px !important;\n    line-height: 14px !important;\n}\n  \n  .content-card-text-side h3 {\n   margin-top: 0 !important;\n   font-size: 20px !important;\n   line-height: 28px !important;\n   color: var(--blue-color) !important;\n    width: 100%;\n  }\n\n  .content-card-text-side p.content-card-desc{\n  \t font-size: 16px !important;\n   line-height: 24px !important;\n   color: var(--blue-color) !important;\n    width: 100%;\n    font-weight: 300;\n  }\n  \n  p.content-card-link {\n   flex-grow: 1;\n   display: flex;\n   align-items: flex-end;\n   color: var(--darkorange-color) !important;\n   transition: all ease 0.3s;\n  }\n  \n  p.content-card-link i {\n   margin-left: 3px;\n   position: relative;\n   bottom: 5px;\n   transition: all ease 0.3s;\n    font-size: 11px !important;\n  }\n  \n  .content-card-wrapper:hover p.content-card-link i {\n   padding-left: 5px;\n  }\n  \n  .content-card-img-side {\n   width: 100%;\n    text-align: center;\n    overflow: hidden;\n    display: flex;\n    justify-content: center;\n    align-items: flex-end;\n  }\n  \n  .content-card-img-side img {\n   box-shadow: 0px 8px 20px rgba(0, 0, 0, 0.12);\n   position: relative;\n   top: 30px;\n    width: 100%;\n    max-width: 200px;\n        height: 200px;\n    object-fit: cover;\n    object-position: top;\n  }\n  \n  @media all and (max-width: 768px) {\n   .content-card-text-side {\n    padding: 12px;\n   }\n   .content-card-img-side {\n        max-width: max-content;\n    display: flex;\n    justify-content: center;\n    align-items: center;\n    padding: 10px 10px 10px 0;\n   }\n   .content-card-img-side img {\n        top: 0;\n    max-width: 110px;\n    object-fit: contain;\n    height: auto;\n   }\n    .content-card-wrapper {\n    box-shadow: 0px 8px 20px rgb(0 0 0 \/ 12%);\n          border-radius: 5px;\n}\n    .content-card-text-side h3{\n      font-size: 18px !important;\n    line-height: 26px !important;\n    }\n    p.content-card-link{\n      margin-top: 0px !important\n    }\n  }\n\n<\/style>\n\n<div class=\"content-card-wrapper\">\n  <a href=\"\/guide-to-improving-employee-turnover\/\" target=\"_blank\">\n   <div class=\"content-card-text-side\">\n    <p class=\"dp-breadcrum mt0 text-upper text-blue\">ebook<\/p>\n    <h3 class=\"titlelimit text-blue mt0\" data-maxlength=\"85\">Learn More About Improving Employee Retention<\/h3>\n    <p class=\"content-card-desc\" style=\"display: none\">Find out how much your company can save by reducing your turnover rate.<span id=\"reduced-rate\"><\/span><\/p>\n    <p class=\"content-card-link mb0 dp-mt32 dp-blue-no-style-btn dp-dark-orange-link\">Get the eBook <i class='fas fa-chevron-right f12'><\/i><\/p>\n   <\/div>\n   <div class=\"content-card-img-side\">\n    <img decoding=\"async\" src=\"https:\/\/www.dailypay.com\/wp-content\/uploads\/employee-turnover-pillar-saving-ebook-resource.png\" alt=\"Cover of a guide titled &quot;Your Guide to Improving Employee Turnover&quot; with an image of a smiling person wearing glasses in the foreground and two people conversing in the background.\">\n   <\/div>\n  <\/a>\n <\/div>\n<!-- end DP Content Card -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6816417c elementor-widget elementor-widget-ucaddon_dp_heading_text\" data-id=\"6816417c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_dp_heading_text.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start DP Heading Text -->\n<style>\/* widget: DP Heading Text *\/\n\nh1 span, h2 span, h3 span, h4 span, h5 span, h6 span {\n  font-family: var(--primary-font) !important;\n}\n\n<\/style>\n\n<h2 class=\"dp-font-32 navy-text dp-font-primary f-weight-300 text-left dp-mb12 dp-mt40\" style=\"max-width: nonepx;margin: auto;\">These Companies Have Reduced Employee Turnover Rates With On-Demand Pay<\/h2>\n<!-- end DP Heading Text -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2f81743a elementor-widget elementor-widget-text-editor\" data-id=\"2f81743a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"dp-mb8\"><strong>Why Top Companies Trust DailyPay<\/strong><\/p><p>Learn how our employer clients gain significant cost savings as well as reduced employee turnover and financial stress, leading to increased employee satisfaction.<\/p><p class=\"dp-mt24\"><a class=\"dp-blue-no-style-btn dp-orange-link\" href=\"\/resource-center\/case-studies\/\">Read our case studies <i class=\"fas fa-chevron-right f12\"><\/i><\/a><\/p><p class=\"dp-mb8 dp-mt32\"><strong>Reduce Employee Turnover Rate With On-Demand Pay\u00a0<\/strong><\/p><p>According to a report by DailyPay and Mercator, an added benefit such as on-demand pay may increase employee retention for organizations.\u00a0<\/p><p>Discover how on-demand pay may help <a class=\"inline-text-links\" href=\"\/mercator-report-2021\/\">bolster an employee retention strategy today<\/a>.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1e58303e elementor-widget elementor-widget-ucaddon_dp_footnotes\" data-id=\"1e58303e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_dp_footnotes.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start DP Footnotes -->\n<style>\/* widget: DP Footnotes *\/\n\n.footnotes-textarea{\n  margin-bottom: 24px;\n  display: none;\n  color: #676b75;\n  font-size: 12px;\n  line-height: 16px;\n  max-width: nonepx;\n}\n\n.footnotes-textarea p{\n  margin-bottom: 10px;\n  color: #676b75;\n  font-size: 12px;\n  line-height: 16px;\n}\n\n.footnotes-column-wrapper p{\n  color: #676b75;\n  line-height: 16px;\n  margin-bottom: 4px;\n  display: flex;\n}\n\n.footnotes-column-wrapper p sup{\n  margin-right: 2px;\n}\n\n.footnotes-column-wrapper p a{\n  font-weight: 400;\n  text-decoration: underline;\n  color: #676b75;\n  transition: all ease 0.3s;\n  width: 100%;\n  max-width: max-content;\n}\n\n\n.elementor-widget-theme-post-content .footnotes-column-wrapper p a{\n  font-weight: 400;\n  text-decoration: underline;\n  color: #676b75;\n  transition: all ease 0.3s;\n}\n\n.footnotes-column-wrapper p a:hover{\n  color: #494c52;\n}\n\n\n.elementor-widget-theme-post-content .footnotes-column-wrapper p a:hover{\n  color: #494c52;\n}\n\n.footnotes-copy-text{\n  display: none;\n}\n\n.footnotes-copy-text .colon-symbol{\n  margin-right: 5px;\n}\n\n.dp-footnotes-show{\n  display: block;\n}\n\n.dp-column-wrap{\n  flex-wrap: wrap;\n}\n\n.footnotes-column-wrapper{\n  width: 100%;\n  margin: 0px;\n  display: flex;\n  flex-wrap: wrap;\n}\n\n.footnotes-column-wrapper.dp-column-wrap-1 p{\n  width: 100%;\n}\n\n.footnotes-column-wrapper.dp-column-wrap-2{\n  gap: 0 20px;\n}\n\n.footnotes-column-wrapper.dp-column-wrap-2 p{\n  width: calc(50% - 10px);\n}\n\n.footnotes-column-wrapper.dp-column-wrap-3{\n  gap: 0 15px;\n}\n\n.footnotes-column-wrapper.dp-column-wrap-3 p{\n  width: calc(33.33% - 10px);\n}\n\n.footnotes-column-wrapper.dp-column-wrap-4{\n  gap: 0 10px;\n}\n\n.footnotes-column-wrapper.dp-column-wrap-4 p{\n  width: calc(25% - 10px);\n}\n\n@media only screen and (max-width: 768px) {\n  .footnotes-column-wrapper.dp-column-wrap-4, .footnotes-column-wrapper.dp-column-wrap-3, .footnotes-column-wrapper.dp-column-wrap-2{\n    gap: 0\n  }\n  .footnotes-column-wrapper.dp-column-wrap-4 p, .footnotes-column-wrapper.dp-column-wrap-3 p, .footnotes-column-wrapper.dp-column-wrap-2 p{\n    width: 100%;\n  }\n}\n\n<\/style>\n\n<div class=\"footnotes-textarea\">All information herein is for educational purposes only and should not be relied upon for any other use. The information herein does not constitute the rendering of professional advice by DailyPay. DailyPay does not warrant the completeness or accuracy of any information provided to you.<\/div>\n<div class=\"dp-column-wrap\">\n  <div class=\"footnotes-column-wrapper dp-column-wrap-1\" style=\"max-width: nonepx;\">\n    <p class=\"f12 \"><sup>1<\/sup> <a href=\"https:\/\/www.pwc.com\/us\/en\/services\/consulting\/business-transformation\/library\/employee-financial-wellness-survey.html\" target=\"_blank\" rel=\"noopener\">Source<\/a><span class=\"dp-footnotes-show footnotes-copy-text\"><span class=\"colon-symbol\">:<\/span>PwC<\/span><\/p>\n<p class=\"f12 \"><sup>2<\/sup> <a href=\"https:\/\/www.bls.gov\/news.release\/jolts.t16.htm\" target=\"_blank\" rel=\"noopener\">Source<\/a><span class=\"dp-footnotes-show footnotes-copy-text\"><span class=\"colon-symbol\">:<\/span>U.S. Bureau of Labor Statistics<\/span><\/p>\n<p class=\"f12 \"><sup>3<\/sup> <a href=\"https:\/\/www.dailypay.com\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><span class=\"dp-footnotes-show footnotes-copy-text\"><span class=\"colon-symbol\">:<\/span>November 2022 DailyPay User Survey<\/span><\/p>\n   <\/div>\n<\/div>\n<!-- end DP Footnotes -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-57f3fba1 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"57f3fba1\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-5a0bf612\" data-id=\"5a0bf612\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-af9af86 elementor-widget elementor-widget-html\" data-id=\"af9af86\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<script>\n    $('#edu-modules-side-menu li a').click(function() {\n    $(this).closest(\"li\").addClass('active').siblings().removeClass('active');\n});\n<\/script>\n<span id=\"faq\"><\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f2d1ecc elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f2d1ecc\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-35ee8498\" data-id=\"35ee8498\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-20052f4e elementor-widget elementor-widget-ucaddon_dp_heading_text\" data-id=\"20052f4e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_dp_heading_text.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start DP Heading Text -->\n<style>\/* widget: DP Heading Text *\/\n\nh1 span, h2 span, h3 span, h4 span, h5 span, h6 span {\n  font-family: var(--primary-font) !important;\n}\n\n<\/style>\n\n<h2 class=\"dp-font-40 navy-text dp-font-primary f-weight-300 text-center dp-mb24 mt0\" style=\"max-width: 600px;margin: auto;\">Frequently Asked Questions<\/h2>\n<!-- end DP Heading Text -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-59ea3cdb elementor-widget elementor-widget-ucaddon_dp_faq_s\" data-id=\"59ea3cdb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_dp_faq_s.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start DP FAQ&#039;s -->\n<style>\/* widget: DP FAQ&#039;s *\/\n\n\/* video faq styles *\/\n\n.faq-answer-video-wrap {\n  width: 100%;\n  display: flex;\n  margin-top: 22px;\n  overflow: hidden;\n  justify-content: center;\n  align-items: center;\n}\n\n.faq-answer-video-wrap .faq-answer-video-inner {\n  width: 100%;\n  margin: 10px;\n  \/* max-width: max-content; *\/\n  display: flex;\n  justify-content: flex-start;\n  align-items: center;\n}\n\n.faq-answer-video-wrap .faq-answer-video-inner .video-height {\n  height: 230px;\n  width: 100%;\n  max-width: none;\n}\n\n.faq-answer-video-wrap .faq-answer-video-inner .video-height iframe {\n  display: table;\n  max-width: 410px;\n}\n\n.dp-faq-wrap .faq-accordian ul li section p{\n  width: 100%;\n  max-width: 800px;\n}\n\n.dp-faq-wrap .faq-accordian.white-text ul li{\n  border-bottom: 1px solid rgb(255 255 255 \/ 8%);\n  padding: 32px 0;\n  cursor: pointer;\n}\n.dp-faq-wrap .faq-accordian.white-text ul li:first-child{\n  border-top: 1px solid rgb(255 255 255 \/ 8%);\n}\n.dp-faq-wrap .faq-accordian ul li .accordian-head{\n  padding-right: 35px !important;\n}\n.dp-faq-wrap .faq-accordian.white-text ul li .accordian-head{\n  color: #ffffff;\n  padding: 0;\n  padding-right: 35px;\n}\n\n.dp-faq-wrap .faq-accordian.white-text ul li .accordian-head .acc-icon i{\n  color: #ffffff; \n}\n\n.dp-faq-wrap .faq-accordian.white-text ul li section{\n  color: #ffffff; \n  padding: 0px;\n  padding-top: 8px;\n}\n\n.dp-faq-wrap .faq-accordian.white-text ul li section p{\n  color: #ffffff;\n}\n\n.dp-faq-wrap .faq-accordian.white-text ul li section p a{\n  color: #ffffff;\n}\n\n.dp-faq-wrap .faq-accordian.white-text ul li section p a:hover{\n  color: #fe4d01;\n}\n\n.dp-faq-wrap .faq-accordian.white-text ul li .accordian-head .acc-icon{\n  top: 2px;\n}\n\n\n.dp-faq-wrap .faq-accordian ul li{\n  padding: 32px 0;\n  cursor: pointer;\n}\n\n.dp-faq-wrap .faq-accordian ul li:first-child{\n  border-top: 1px solid rgb(0 0 0 \/ 8%);\n}\n\n.dp-faq-wrap .faq-accordian ul li .accordian-head{\n  padding: 0;\n  display: flex;\n}\n\n.accordion-head{\ndisplay: flex;\n font-weight: 600;\n  position: relative;\n}\n\n.accordion-head span.acc-icon{\n      position: absolute;\n    right: 0;\n}\n\n.dp-faq-wrap .faq-accordian ul li section{\n  padding: 0px;\n  padding-top: 8px;\n}\n\n.dp-faq-wrap .faq-accordian ul li .accordian-head .acc-icon{\n  top: 2px;\n}\n\n.dp-faq-wrap .faq-accordian ul li section ul{\n  margin-top: 16px;\n    padding-left: 24px;\n}\n\n.dp-faq-wrap .faq-accordian ul li section ul li{\n      padding: 0;\n    border: none !important;\n    font-size: 16px;\n  list-style: inside;\n      line-height: 24px;\n}\n\n.dp-faq-wrap .faq-accordian ul li section ul li::marker{\n  margin-right: 5px;\n}\n\n.faq-arrow-reverse .acc-icon i, .acc-icon i{\n    transition: all ease 0.3s;\n}\n\n@media all and (max-width: 1250px) {\n  .faq-answer-video-wrap .faq-answer-video-inner .video-height{\n    height: 190px;\n    width: 100%;\n    max-width: 420px;\n  }\n}\n\n@media all and (max-width: 990px) {\n  .faq-answer-video-wrap .faq-answer-video-inner .video-height{\n    height: 140px;\n    width: 100%;\n    max-width: 420px;\n  }\n}\n\n@media all and (max-width: 768px) {\n  .faq-answer-video-wrap {\n    flex-direction: column;\n  }\n\n  .faq-answer-video-wrap .faq-answer-video-inner {\n    margin: 0;\n    margin-top: 15px;\n}\n\n  .faq-answer-video-wrap .faq-answer-video-inner .video-height {\n    max-width: none;\n    height: 210px;\n  }\n}\n\n.faq-arrow-reverse .acc-icon i {\n  transform: rotate(180deg);\n  -webkit-transform: rotate(180deg);\n  -moz-transform: rotate(180deg);\n  -ms-transform: rotate(180deg);\n  -o-transform: rotate(180deg);\n}\n\n.dp-faq-wrap .faq-accordian ul li section p a:focus{\n  color: var(--blue-color) !important\n}\n\n<\/style>\n\n<div class=\"dp-faq-wrap\">\n  <div class=\"faq-accordian white\" role=\"region\" aria-labelledby=\"dp-accordian-wewa-heading\">\n    <ul class=\"accordian\" id=\"dp-accordian-wewa\">\n      <li class=\"accordian-open\" role=\"heading\" aria-level=\"3\">\n        <div class=\"accordion-head\" role=\"button\" tabindex=\"0\" aria-expanded=\"true\">\n          What are the two types of employee turnover?\n          <span class=\"acc-icon\" aria-hidden=\"true\">\n            <i class=\"fas fa-chevron-down\" aria-hidden=\"true\"><\/i>\n          <\/span>\n        <\/div>\n        <section>\n          <p>Typically, employee turnover can be broken down into two major categories: voluntary and involuntary.\u00a0<\/p>\n        <\/section>\n      <\/li>\n      <li class=\"accordian-open\" role=\"heading\" aria-level=\"3\">\n        <div class=\"accordion-head\" role=\"button\" tabindex=\"0\" aria-expanded=\"true\">\n          What is an employee turnover rate and how is it calculated?\n          <span class=\"acc-icon\" aria-hidden=\"true\">\n            <i class=\"fas fa-chevron-down\" aria-hidden=\"true\"><\/i>\n          <\/span>\n        <\/div>\n        <section>\n          <p>To calculate your employee turnover rate, divide the total number of employees who leave your organization in a month (or a year) by the average number of employees at your company. Multiply this number by 100 to determine your employee turnover rate percentage over that time period.<\/p>\n        <\/section>\n      <\/li>\n<li class=\"accordian-open\" role=\"heading\" aria-level=\"3\">\n        <div class=\"accordion-head\" role=\"button\" tabindex=\"0\" aria-expanded=\"true\">\n          What is a good employee turnover rate?\n          <span class=\"acc-icon\" aria-hidden=\"true\">\n            <i class=\"fas fa-chevron-down\" aria-hidden=\"true\"><\/i>\n          <\/span>\n        <\/div>\n        <section>\n          <p>While it can vary based on industry and economic conditions, a general rule of thumb is that 10% is the average turnover rate.<\/p>\n        <\/section>\n      <\/li>\n<li class=\"accordian-open\" role=\"heading\" aria-level=\"3\">\n        <div class=\"accordion-head\" role=\"button\" tabindex=\"0\" aria-expanded=\"true\">\n          Why is it important to reduce your employee turnover rate?\n          <span class=\"acc-icon\" aria-hidden=\"true\">\n            <i class=\"fas fa-chevron-down\" aria-hidden=\"true\"><\/i>\n          <\/span>\n        <\/div>\n        <section>\n          <p>Reducing your employee turnover rate can result in greater productivity, happier employees and cost savings.<\/p>\n        <\/section>\n      <\/li>\n<li class=\"accordian-open\" role=\"heading\" aria-level=\"3\">\n        <div class=\"accordion-head\" role=\"button\" tabindex=\"0\" aria-expanded=\"true\">\n          How do you reduce your employee turnover rate?\n          <span class=\"acc-icon\" aria-hidden=\"true\">\n            <i class=\"fas fa-chevron-down\" aria-hidden=\"true\"><\/i>\n          <\/span>\n        <\/div>\n        <section>\n          <p>To reduce your employee turnover rate, your company should focus on supporting employees through competitive benefits and pay, a good work-life balance and room for career growth.\u00a0<\/p>\n        <\/section>\n      <\/li>\n<li class=\"accordian-open\" role=\"heading\" aria-level=\"3\">\n        <div class=\"accordion-head\" role=\"button\" tabindex=\"0\" aria-expanded=\"true\">\n          Which industry has the highest employee turnover rate?\n          <span class=\"acc-icon\" aria-hidden=\"true\">\n            <i class=\"fas fa-chevron-down\" aria-hidden=\"true\"><\/i>\n          <\/span>\n        <\/div>\n        <section>\n          <p>In 2022, leisure and hospitality had the highest turnover rate (annual average job openings) across all industries, according to the BLS.2<\/p>\n        <\/section>\n      <\/li>\n<li class=\"accordian-open\" role=\"heading\" aria-level=\"3\">\n        <div class=\"accordion-head\" role=\"button\" tabindex=\"0\" aria-expanded=\"true\">\n          How does high turnover hurt productivity?\n          <span class=\"acc-icon\" aria-hidden=\"true\">\n            <i class=\"fas fa-chevron-down\" aria-hidden=\"true\"><\/i>\n          <\/span>\n        <\/div>\n        <section>\n          <p>With higher turnover, employees may feel less motivated and engaged in their roles.\u00a0<\/p>\n        <\/section>\n      <\/li>\n<li class=\"accordian-open\" role=\"heading\" aria-level=\"3\">\n        <div class=\"accordion-head\" role=\"button\" tabindex=\"0\" aria-expanded=\"true\">\n          Does burnout lead to high turnover?\n          <span class=\"acc-icon\" aria-hidden=\"true\">\n            <i class=\"fas fa-chevron-down\" aria-hidden=\"true\"><\/i>\n          <\/span>\n        <\/div>\n        <section>\n          <p>Yes, if an employee feels burned out in their role, they\u2019re more likely to seek a new job opportunity with increased work-life balance.\u00a0<\/p>\n        <\/section>\n      <\/li>\n<li class=\"accordian-open\" role=\"heading\" aria-level=\"3\">\n        <div class=\"accordion-head\" role=\"button\" tabindex=\"0\" aria-expanded=\"true\">\n          Can flexible pay benefits reduce turnover rates?\n          <span class=\"acc-icon\" aria-hidden=\"true\">\n            <i class=\"fas fa-chevron-down\" aria-hidden=\"true\"><\/i>\n          <\/span>\n        <\/div>\n        <section>\n          <p>Flexible pay can reduce a turnover rate and make employees more likely to stay with their current employer. According to a November 2022 DailyPay User Survey, 48% of users say they are more motivated to remain with their current employer because they offer DailyPay.<\/p>\n        <\/section>\n      <\/li>\n     <\/ul>\n  <\/div>\n<\/div>\n<!-- end DP FAQ's -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3c48bd98 elementor-widget elementor-widget-html\" data-id=\"3c48bd98\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<a href=\"\" id=\"loadMore\"><i class=\"far fa-chevron-down\"><\/i>Load More<\/a>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2cda0d58 elementor-widget elementor-widget-html\" data-id=\"2cda0d58\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<script src=\"https:\/\/code.jquery.com\/jquery-1.11.3.min.js\"><\/script>\n<script>\njQuery(document).ready(function($) {\n  $(function() {\n    $(\"ul.accordian li\").slice(0, 5).show();\n    $(\"#loadMore\").on('click', function(e) {\n      e.preventDefault();\n      $(\"ul.accordian li:hidden\").slice(0, 8).slideDown();\n      if ($(\"ul.accordian li:hidden\").length == 0) {\n        $(\"#load\").fadeOut('slow');\n      }\n      $('#loadMore').hide(10);\n    });\n  });\n});\n<\/script>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-361a5a36 elementor-widget elementor-widget-html\" data-id=\"361a5a36\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"mb0\">\n    All information herein is for educational purposes only and should not be relied upon for any other use. The information herein does not constitute the rendering of professional advice by DailyPay. No fiduciary obligation or duty exists, or is created, between you and DailyPay. DailyPay does not warrant the completeness or accuracy of any information provided to you.\n<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-216913ae elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"216913ae\" data-element_type=\"section\" data-e-type=\"section\" id=\"case-studies\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c50bd0c\" data-id=\"c50bd0c\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3db8f79a elementor-widget elementor-widget-ucaddon_dp_heading_text\" data-id=\"3db8f79a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_dp_heading_text.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start DP Heading Text -->\n<style>\/* widget: DP Heading Text *\/\n\nh1 span, h2 span, h3 span, h4 span, h5 span, h6 span {\n  font-family: var(--primary-font) !important;\n}\n\n<\/style>\n\n<h2 class=\"dp-font-40 navy-text dp-font-primary f-weight-300 text-center dp-mb24 mt0\" style=\"max-width: nonepx;margin: auto;\">Related Content<\/h2>\n<!-- end DP Heading Text -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-737a713d elementor-widget elementor-widget-ucaddon_card_carousel\" data-id=\"737a713d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_card_carousel.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start Card Carousel -->\n\t\t<link id='font-awesome-css' href='https:\/\/www.dailypay.com\/wp-content\/plugins\/unlimited-elements-for-elementor-premium\/assets_libraries\/font-awesome6\/fontawesome-all.min.css' type='text\/css' rel='stylesheet' >\n\t\t<link id='font-awesome-4-shim-css' href='https:\/\/www.dailypay.com\/wp-content\/plugins\/unlimited-elements-for-elementor-premium\/assets_libraries\/font-awesome6\/fontawesome-v4-shims.min.css' type='text\/css' rel='stylesheet' >\n\t\t<link id='owl-carousel-css' href='https:\/\/www.dailypay.com\/wp-content\/plugins\/unlimited-elements-for-elementor-premium\/assets_libraries\/owl-carousel-new\/assets\/owl.carousel.css' type='text\/css' rel='stylesheet' >\n\n<style>\/* widget: Card Carousel *\/\n\n#uc_card_carousel_elementor_737a713d *{\n\t-webkit-box-sizing: border-box;\n\t-moz-box-sizing: border-box;\n\tbox-sizing: border-box;\n}\n\n#uc_card_carousel_elementor_737a713d .ue-carousel-item\n{\n  overflow:hidden;\n  transition:0.3s;\n}\n\n#uc_card_carousel_elementor_737a713d .uc_classic_carousel_container_holder\n{\n\tdisplay:block;\n\tposition:relative;\n\twidth:100%;\n    box-sizing: border-box;\n}\n.card_carousel_title\n{\n\tfont-size:21px;\n}\n\n.uc_classic_carousel .uc_classic_carousel_border\n{\n\tdisplay:block;\n    margin:0 auto;\n}\n\n.uc_classic_carousel  .uc_classic_carousel_placeholder img\n{\n\twidth:100%;\n    \n    display:inline-flex;\n}\n.uc_classic_carousel .uc_classic_carousel_content\n{\n  display: flex;\n flex-flow: column nowrap;\n}\n\n.uc_classic_carousel .ue_button\n{\n  margin-top:auto;\n\n}\n\n.uc_classic_carousel .uc_classic_carousel_content .uc_more_btn {\n\tdisplay:inline-block;\n\ttext-decoration:none;\n\ttransition: all 0.5s ease;\n}\n\n\n#uc_card_carousel_elementor_737a713d .owl-dots {\noverflow:hidden;\ntext-align:center;\n}\n\n#uc_card_carousel_elementor_737a713d .owl-dot {\nborder-radius:50%;\ndisplay:inline-block;\n}\n\n#uc_card_carousel_elementor_737a713d .owl-nav .owl-prev{\n    position:absolute;\n    display:inline-block;\n    text-align:center;\n}\n#uc_card_carousel_elementor_737a713d .owl-nav .owl-next{\n  position:absolute;\n  display:inline-block;\n  text-align:center;\n}\n\n#uc_card_carousel_elementor_737a713d .owl-nav .disabled\n{\n    display: none;  \n}\n\n\n#uc_card_carousel_elementor_737a713d .ue-item-icon\n{\n  line-height:1em;\n  display:inline-flex;\n  justify-content:center;\n  align-items:center;\n  \n}\n\n#uc_card_carousel_elementor_737a713d .ue-item-icon svg\n{\n  height:1em;\n  width:1em;\n}\n\n#uc_card_carousel_elementor_737a713d .ue-item-icon-wrapper\n{\n  display:flex;\n}\n\n\n\n\n<\/style>\n\n<div class=\"uc_classic_carousel\" >\n        <div class=\"uc_carousel owl-carousel \" id=\"uc_card_carousel_elementor_737a713d\" >\n          \t<div class=\"uc_classic_carousel_container_holder ue-item elementor-repeater-item-6474ca9\">\n  <div class=\"ue-carousel-item\">\n      <div class=\"uc_classic_carousel_placeholder\">\n    <a href=\"https:\/\/www.dailypay.com\/resource-center\/employee-retention\/\" title=\"Show More\"  target='_blank'>      <img decoding=\"async\" src=\"https:\/\/www.dailypay.com\/wp-content\/uploads\/employee-turnover-resources-1.png\"  src=\"https:\/\/www.dailypay.com\/wp-content\/uploads\/employee-turnover-resources-1.png\" alt=\"Infographic titled &quot;3 Benefits of a Strong Employee Retention Strategy&quot; showing cost savings, better workplace morale, and improved customer service.\" width=\"442\" height=\"287\">\n    <\/a>  <\/div>\n    <div class=\"uc_classic_carousel_content\" style=\"direction:ltr;\">\n    \n    \n        \n    \t\n    \n      \n    <p class=\"card_carousel_text\">BLOG<\/p>    \n    \n          <a href=\"https:\/\/www.dailypay.com\/resource-center\/employee-retention\/\"  target='_blank'>\t\n      <div  class=\"card_carousel_title\">Reduce Turnover With On-Demand Pay<\/div>\n      <\/a>    \t\n    \n    \n    \t\n  <\/div>\n  <\/div>\n<\/div>\n<div class=\"uc_classic_carousel_container_holder ue-item elementor-repeater-item-85b4463\">\n  <div class=\"ue-carousel-item\">\n      <div class=\"uc_classic_carousel_placeholder\">\n    <a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/strategies-improve-employee-retention\/\" title=\"Show More\"  target='_blank'>      <img decoding=\"async\" src=\"https:\/\/www.dailypay.com\/wp-content\/uploads\/employee-turnover-resources-2.png\"  src=\"https:\/\/www.dailypay.com\/wp-content\/uploads\/employee-turnover-resources-2.png\" alt=\"Colorful illustration depicting various elements like a person holding a book, speech bubbles, a heart, a smiling chat bubble, hands shaking, hands with a plant, and a person walking.\" width=\"442\" height=\"287\">\n    <\/a>  <\/div>\n    <div class=\"uc_classic_carousel_content\" style=\"direction:ltr;\">\n    \n    \n        \n    \t\n    \n      \n    <p class=\"card_carousel_text\">BLOG<\/p>    \n    \n          <a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/strategies-improve-employee-retention\/\"  target='_blank'>\t\n      <div  class=\"card_carousel_title\">5 Ways to Improve Your Employee Retention Strategy<\/div>\n      <\/a>    \t\n    \n    \n    \t\n  <\/div>\n  <\/div>\n<\/div>\n<div class=\"uc_classic_carousel_container_holder ue-item elementor-repeater-item-10d1720\">\n  <div class=\"ue-carousel-item\">\n      <div class=\"uc_classic_carousel_placeholder\">\n    <a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/employee-turnover-rates-in-retail\/\" title=\"Show More\"  target='_blank'>      <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.dailypay.com\/wp-content\/uploads\/employee-turnover-resources-3.png\"  src=\"https:\/\/www.dailypay.com\/wp-content\/uploads\/employee-turnover-resources-3.png\" alt=\"A spacious shopping mall with glass roof, arched ceilings, and illuminated storefronts on both sides. A decorated Christmas tree stands at the center, and people are walking by.\" width=\"442\" height=\"287\">\n    <\/a>  <\/div>\n    <div class=\"uc_classic_carousel_content\" style=\"direction:ltr;\">\n    \n    \n        \n    \t\n    \n      \n    <p class=\"card_carousel_text\">BLOG<\/p>    \n    \n          <a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/employee-turnover-rates-in-retail\/\"  target='_blank'>\t\n      <div  class=\"card_carousel_title\">Retail Turnover Rates In 2023<\/div>\n      <\/a>    \t\n    \n    \n    \t\n  <\/div>\n  <\/div>\n<\/div>\n<div class=\"uc_classic_carousel_container_holder ue-item elementor-repeater-item-72b8be0\">\n  <div class=\"ue-carousel-item\">\n      <div class=\"uc_classic_carousel_placeholder\">\n    <a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/the-three-levels-of-employee-engagement-and-how-they-impact-your-bottom-line\/\" title=\"Show More\"  target='_blank'>      <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.dailypay.com\/wp-content\/uploads\/employee-turnover-resources-4.png\"  src=\"https:\/\/www.dailypay.com\/wp-content\/uploads\/employee-turnover-resources-4.png\" alt=\"A group of people sitting at a table, smiling and engaging in a card game. There is a notebook, a coffee mug, and scattered cards visible on the table.\" width=\"442\" height=\"287\">\n    <\/a>  <\/div>\n    <div class=\"uc_classic_carousel_content\" style=\"direction:ltr;\">\n    \n    \n        \n    \t\n    \n      \n    <p class=\"card_carousel_text\">BLOG<\/p>    \n    \n          <a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/the-three-levels-of-employee-engagement-and-how-they-impact-your-bottom-line\/\"  target='_blank'>\t\n      <div  class=\"card_carousel_title\">The Two Levels of Employee Engagement and How They Impact Your Bottom Line<\/div>\n      <\/a>    \t\n    \n    \n    \t\n  <\/div>\n  <\/div>\n<\/div>\n<div class=\"uc_classic_carousel_container_holder ue-item elementor-repeater-item-30a762b\">\n  <div class=\"ue-carousel-item\">\n      <div class=\"uc_classic_carousel_placeholder\">\n    <a href=\"https:\/\/www.dailypay.com\/employee-turnover-calculator\/\" title=\"Show More\"  target='_blank'>      <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.dailypay.com\/wp-content\/uploads\/employee-turnover-resources-5.png\"  src=\"https:\/\/www.dailypay.com\/wp-content\/uploads\/employee-turnover-resources-5.png\" alt=\"A hotel staff member in a black uniform stands by a luggage cart, holding a small blue suitcase, smiling, with a building entrance in the background.\" width=\"442\" height=\"287\">\n    <\/a>  <\/div>\n    <div class=\"uc_classic_carousel_content\" style=\"direction:ltr;\">\n    \n    \n        \n    \t\n    \n      \n    <p class=\"card_carousel_text\">SAVINGS CALCULATOR<\/p>    \n    \n          <a href=\"https:\/\/www.dailypay.com\/employee-turnover-calculator\/\"  target='_blank'>\t\n      <div  class=\"card_carousel_title\">Employee Turnover Savings Calculator<\/div>\n      <\/a>    \t\n    \n    \n    \t\n  <\/div>\n  <\/div>\n<\/div>\n<div class=\"uc_classic_carousel_container_holder ue-item elementor-repeater-item-9e06b8e\">\n  <div class=\"ue-carousel-item\">\n      <div class=\"uc_classic_carousel_placeholder\">\n    <a href=\"https:\/\/www.dailypay.com\/resource-center\/ebooks\/guide-to-employee-turnover-in-the-healthcare-industry\/\" title=\"Show More\"  target='_blank'>      <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.dailypay.com\/wp-content\/uploads\/employee-turnover-resources-6.png\"  src=\"https:\/\/www.dailypay.com\/wp-content\/uploads\/employee-turnover-resources-6.png\" alt=\"Cover of a report titled &#039;Understanding Employee Turnover in the Health Care Industry&#039; by DailyPay, featuring a smiling healthcare professional in a hospital corridor.\" width=\"442\" height=\"287\">\n    <\/a>  <\/div>\n    <div class=\"uc_classic_carousel_content\" style=\"direction:ltr;\">\n    \n    \n        \n    \t\n    \n      \n    <p class=\"card_carousel_text\">EBOOK<\/p>    \n    \n          <a href=\"https:\/\/www.dailypay.com\/resource-center\/ebooks\/guide-to-employee-turnover-in-the-healthcare-industry\/\"  target='_blank'>\t\n      <div  class=\"card_carousel_title\">Understanding Employee Turnover in Healthcare<\/div>\n      <\/a>    \t\n    \n    \n    \t\n  <\/div>\n  <\/div>\n<\/div>\n<div class=\"uc_classic_carousel_container_holder ue-item elementor-repeater-item-f644358\">\n  <div class=\"ue-carousel-item\">\n      <div class=\"uc_classic_carousel_placeholder\">\n    <a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/attract-public-sector-employees-ewa\/\" title=\"Show More\"  target='_blank'>      <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.dailypay.com\/wp-content\/uploads\/employee-turnover-resources-7.png\"  src=\"https:\/\/www.dailypay.com\/wp-content\/uploads\/employee-turnover-resources-7.png\" alt=\"A firefighter wearing a red helmet and protective gear smiles, seated in front of coiled hoses on a fire truck.\" width=\"442\" height=\"287\">\n    <\/a>  <\/div>\n    <div class=\"uc_classic_carousel_content\" style=\"direction:ltr;\">\n    \n    \n        \n    \t\n    \n      \n    <p class=\"card_carousel_text\">BLOG<\/p>    \n    \n          <a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/attract-public-sector-employees-ewa\/\"  target='_blank'>\t\n      <div  class=\"card_carousel_title\">Attract and Retain the Next Generation of Public Service Workers With On-Demand Pay<\/div>\n      <\/a>    \t\n    \n    \n    \t\n  <\/div>\n  <\/div>\n<\/div>\n<div class=\"uc_classic_carousel_container_holder ue-item elementor-repeater-item-9b1b0a6\">\n  <div class=\"ue-carousel-item\">\n      <div class=\"uc_classic_carousel_placeholder\">\n    <a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/employee-turnover\/\" title=\"Show More\"  target='_blank'>      <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.dailypay.com\/wp-content\/uploads\/employee-turnover-resources-8.png\"  src=\"https:\/\/www.dailypay.com\/wp-content\/uploads\/employee-turnover-resources-8.png\" alt=\"A close-up of a calculator with multiple colored buttons placed on a piece of graph paper with handwritten notes, accompanied by a silver pen.\" width=\"442\" height=\"287\">\n    <\/a>  <\/div>\n    <div class=\"uc_classic_carousel_content\" style=\"direction:ltr;\">\n    \n    \n        \n    \t\n    \n      \n    <p class=\"card_carousel_text\">BLOG<\/p>    \n    \n          <a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/employee-turnover\/\"  target='_blank'>\t\n      <div  class=\"card_carousel_title\">How to Improve Your Employee Turnover Rate<\/div>\n      <\/a>    \t\n    \n    \n    \t\n  <\/div>\n  <\/div>\n<\/div>\n\n      <\/div>\n<\/div>\n<!-- end Card Carousel -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-32fd30f1 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"32fd30f1\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-16229a57\" data-id=\"16229a57\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5da6b58a elementor-widget elementor-widget-html\" data-id=\"5da6b58a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"why-top-companies-choose-dp-wrap\">\n  <div class=\"why-top-companies-choose-dp-wrap-heading-cont\">\n  <h2 class=\"mb0 dp-font-32 text-center mb0\">See Why Top Companies Choose DailyPay<\/h2>\n  <div class=\"why-top-companies-choose-dp-wrap-heading-cont-btn\">\n      <a href=\"\/demo\/\" class=\"dp-btn-normal dp-blue-orange-btn\">Let's Talk<\/a>\n  <\/div>\n  <\/div>\n  <div class=\"why-top-companies-choose-dp-wrap-cont\">\n    <div class=\"why-top-companies-choose-dp-wrap-inner\">\n      <div class=\"why-top-companies-choose-dp-inner-icon-wrap\">\n        <div class=\"why-top-companies-choose-dp-inner-icon\">\n          <img decoding=\"async\" src=\"\/wp-content\/uploads\/empowering-employees.svg\">\n        <\/div>\n        <div class=\"why-top-companies-choose-dp-inner-icon-text\">\n          <p class=\"dp-font-20 mb0 mt0  text-left\"><b>Empowering for Employees<\/b><\/p>\n        <\/div>\n      <\/div>\n      <p>Greater financial control with access up to 100% of their DailyPay balance to meet the challenges of unexpected financial disruptions.<\/p>\n      <hr>\n      <p>Improved planning with visibility to spending and earned pay in one easy-to-use app.<\/p>\n      <hr>\n      <p>No need for a pre-existing checking or savings account.<\/p>\n    <\/div>\n    <div class=\"why-top-companies-choose-dp-wrap-inner\">\n      <div class=\"why-top-companies-choose-dp-inner-icon-wrap\">\n        <div class=\"why-top-companies-choose-dp-inner-icon\">\n          <img decoding=\"async\" src=\"\/wp-content\/uploads\/simple-secure-employers.svg\">\n        <\/div>\n        <div class=\"why-top-companies-choose-dp-inner-icon-text\">\n          <p class=\"dp-font-20 mb0  text-left\"><b>Simple and Secure for Employers<\/b><\/p>\n        <\/div>\n      <\/div>\n      <p>Minimal change to payroll processes \u2014 DailyPay handles \nit all.<\/p>\n      <hr>\n      <p>Seamless integration with HCM, payroll, banking and benefit applications.<\/p>\n      <hr>\n      <p>Enterprise-grade platform that keeps data private and the service running so it's always there when your employees need it.<\/p>\n    <\/div>\n  <\/div>\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>How to Reduce the Employee Turnover Rate at Your Company In this Article What is Employee Turnover? What are the Types of Employee Turnover? Employee Turnover vs. Employee Attrition How to Calculate Your Employee Turnover Rate Causes of a High Employee Turnover Rate The Negative Impact of High Employee Turnover How to Reduce the Employee<a class=\"read-more\" href=\"https:\/\/www.dailypay.com\/employee-turnover\/\">Read More<\/a><\/p>\n","protected":false},"author":71,"featured_media":38261,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"tags":[68,684,701,221],"class_list":["post-38272","page","type-page","status-publish","has-post-thumbnail","hentry","tag-employee-turnover","tag-popular-search-ivory","tag-turnover","tag-turnover-rate"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>How to Reduce the Employee Turnover Rate at Your Company - DailyPay<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.dailypay.com\/employee-turnover\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How to Reduce the Employee Turnover Rate at Your Company\" \/>\n<meta property=\"og:description\" content=\"How to Reduce the Employee Turnover Rate at Your Company In this Article What is Employee Turnover? What are the Types of Employee Turnover? 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