According to management, what should managers strive for in terms of employee turnover?

Minimizing employee turnover is an essential goal for managers because high turnover can lead to increased operational costs, decreased productivity, and a loss of valuable institutional knowledge. When employees leave, organizations face expenses related to recruitment, training, and onboarding new hires, as well as the potential for reduced morale and engagement among remaining staff members. Lower turnover supports a stable workforce, which can enhance team cohesion and improve overall performance. Additionally, retaining skilled employees fosters a deeper organizational culture and knowledge base, both of which are vital for long-term success. This focus on minimizing turnover enables organizations to create a more efficient and effective work environment, ultimately contributing to better business outcomes.