What is turnover in SAP SRD-HR-PAD - HCM-Personnel Administration?

SAP Term: turnover

• Component: SRD-HR-PAD

• Component Name: HCM-Personnel Administration

• Description: The number of employee terminations, both voluntary and involuntary, within an enterprise in a given time period.

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• Key Concepts: 
  Turnover is a term used in SAP Human Capital Management (HCM) to refer to the number of employees who have left an organization within a certain period of time. It is calculated by dividing the number of employees who have left the organization by the total number of employees in the organization. 
  
  How to use it: 
  In SAP HCM, turnover can be calculated using the SRD-HR-PAD HCM-Personnel Administration component. This component allows users to enter employee data, such as start and end dates, and then calculate the turnover rate. The turnover rate can then be used to analyze employee retention and identify areas for improvement. 
  
  Tips & Tricks: 
  When calculating turnover in SAP HCM, it is important to ensure that all employee data is accurate and up-to-date. This will ensure that the turnover rate is accurate and can be used to make informed decisions about employee retention. 
  
  Related Information: 
  Turnover is closely related to other metrics such as employee engagement and satisfaction. By understanding turnover, organizations can better understand how their employees feel about their work environment and make changes accordingly. Additionally, understanding turnover can help organizations identify areas where they need to improve their recruitment process or employee retention strategies.