What does turnover rate mean?
Definitions for turnover rate
turnover rate
This dictionary definitions page includes all the possible meanings, example usage and translations of the word turnover rate.
Princeton's WordNet
employee turnover, turnover rate, turnovernoun
the ratio of the number of workers that had to be replaced in a given time period to the average number of workers
ChatGPT
turnover rate
Turnover rate refers to the percentage of employees that leave a company during a certain period of time, typically a year, compared to the average number of total employees. It is a metric used by organizations to measure their employee retention and understand the effectiveness of their human resource practices. A high turnover rate can indicate dissatisfaction among employees, while a low turnover rate can suggest a more satisfied and stable workforce.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of turnover rate in Chaldean Numerology is: 4
Pythagorean Numerology
The numerical value of turnover rate in Pythagorean Numerology is: 6
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"turnover rate." Definitions.net. STANDS4 LLC, 2024. Web. 27 Apr. 2024. <https://www.definitions.net/definition/turnover+rate>.
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