When employees initiate a turnover when the organization would prefer to keep them, it is called voluntary turnover.
What is voluntary turnover?
Voluntary turnover is when an employee leaves employment , whether that’s because they got another job elsewhere, took an indoor transfer or retired.
These sorts of turnover are typically more expensive to businesses because they often involve the loss of a high-performing employee.
Voluntary turnover may be a normal occurrence, as employees seek new opportunities or leave because they're unsatisfied with the current role for a multitude of reasons.
However, it's still an expensive activity. Consider relocation costs, advertising of a replacement role, the prices of having a vacant role, the recruiting costs, onboarding, training of the new employee – you'll understand why it’s essential to have a firm grip on what voluntary turnover means.
To learn more about voluntary turnover: https://brainly.com/question/14409468
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