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TURNOVER RATE

(noun)
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Definitions

There is 1 meaning of the phrase Turnover Rate.

Turnover Rate - as a noun

The ratio of the number of workers that had to be replaced in a given time period to the average number of workers

Synonyms (Exact Relations)
employee turnoverturnover11

Example Sentences

"The company has a high turnover rate, with employees leaving and new ones being hired frequently."
"A high turnover rate can be a sign of a competitive job market."
"The turnover rate for the restaurant industry tends to be quite high."
"The company implemented strategies to reduce the turnover rate and improve employee retention."
"The turnover rate has a significant impact on the overall productivity of the organization."
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