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10 Top Reasons for Employee Turnover & How To Prevent It

AIHR

Employee turnover refers to the rate at which employees leave a company within a specific time frame, often measured annually. There are several types of employee turnover: Voluntary turnover : An employee chooses to leave a company, like resigning for a new job or personal reasons. There is a subtle difference.

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Your A-Z Guide of HR Acronyms & Abbreviations

AIHR

BIK: Benefits In Kind Benefits In Kind (BIK) refer to any non-monetary compensation that employers provide to their employees. CHRO: Chief Human Resources Officer The CHRO is an organization’s HR and culture leader. They sit in the company’s executive team and are often also referred to as Chief People Officer.

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