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Turnover Rate

definition, synonyms and explanation

Synonyms:

attrition rate, turnover

What is Turnover Rate

Turnover rate is a percentage that represents the number of employees who leave an organization within a certain time frame.

Turnover Rate explained

Turnover rate is a measure of the number of employees who leave an organization within a given period of time.

It is usually expressed as a percentage of the total number of employees in the organization.

A high turnover rate can be expensive and disruptive to a business, and can indicate problems with the work environment, management, or company culture.

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