1. Leverage Data to Track and Reduce Attrition environment, or management practices. Companies that Using data to identify turnover trends and address attrition systematically analyze exit data can address issues directly. proactively is essential. One effective approach involves tracking speciûc metrics that reveal underlying retention challenges. ● Predictive Analytics: Some businesses have found success by using predictive analytics to identify trends in speciûc ● Regular Performance Reviews: Quarterly Business Reviews departments or roles. For example, if certain roles have (QBRs) can be an effective way to analyze turnover metrics particularly high turnover, it may indicate a mismatch and identify potential areas of concern. Tracking KPIs like between job expectations and employee skill sets. By turnover rates and time-to-ûll can help management spot understanding these patterns, companies can take issues before they lead to widespread attrition. preventive measures, like re-evaluating role requirements or ● Exit Interview Insights: Tracking reasons for employee enhancing onboarding practices. departure allows companies to understand the root causes of turnover, whether related to compensation, work Example Eastridge Workforce Solutions has worked with companies to implement Quarterly Business Reviews that track KPIs related to attrition. Eastridge utilizes proprietary tools to track the candidate Discover how to understand journey, pinpointing where the highest drop-off percentages occur the causes of turnover and within the hiring funnel. We analyze turnover data, including the formulate strategies to reduce frequency and reasons behind employee exits, while collaborating attrition and support long-term closely with internal workforce advisors to identify trends and growth. Download the guide insights. Additionally, we offer comparative analyses across now to get started. anonymous companies, revealing patterns and market-specific trends to help optimize workforce strategies. By analyzing this data, Download Now organizations can proactively address common turnover drivers, such as poor onboarding experiences or lack of training support.