A turnover rate is how fast staff leave and have to be replaced. A high turnover rate, cut the turnover rate, the turnover rate doubled.
It is quoted as a percentage of the workforce over a year, and a high one is expensive because training is. A turnover rate says more about management than about the people who left.
1nounturnover rateHow fast staff leave and have to be replaced.
“A turnover rate of forty per cent told its own story.”
turnover rate is a rate.
Practised in Business & Money