Over the past few years, turnover rates have slowed significantly. This is most likely the result of the continued recession and high unemployment rates. In 2008, the average rate of voluntary turnover in the Denver metro area was 15.6 percent. In 2010 the average voluntary turnover rate was 10.4 percent.
While low turnover is typically viewed as a positive, it is important to be aware of the implications; employees may be coming to work due to lack of other options, but are they losing sight of what it is that they love about working for your organization?