Is the turnover rate of Changzhou Ideal Factory high?

The turnover rate in this factory is relatively low.

The turnover rate is an important index used by enterprises to measure the flow of human resources within enterprises. Through the investigation of turnover rate, we can understand the attractiveness and satisfaction of enterprises to employees.

The high turnover rate generally indicates that employees' mood fluctuates greatly, the contradiction between labor and capital is serious, and the cohesion of enterprises declines, which can lead to the increase of human resources costs (including direct costs and indirect costs) and the decline of organizational efficiency. However, it does not mean that the lower the employee turnover rate, the better. In the market competition, maintaining a certain employee turnover can enable enterprises to use the talent competition system of survival of the fittest and maintain their vitality and innovative consciousness.