labour turnover

labour turnover UK US UK (US labor turnover) noun [S or U] HR
the rate at which employees leave a company and are replaced by new employees: »

High levels of labour turnover mean that many people are working for only a short time in any particular job.


Financial and business terms. 2012.

Look at other dictionaries:

  • labour turnover rate — The ratio, usually expressed as a percentage, of the number of employees leaving an organization or industry in a stated period to the average number of employees working in that organization or industry during the period. An important… …   Big dictionary of business and management

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  • Turnover — Mutual Funds: A measure of trading activity during the previous year, expressed as a percentage of the average total assets of the fund. A turnover ratio of 25% means that the value of trades represented one fourth of the assets of the fund.… …   Financial and business terms

  • turnover — turn|o|ver [ˈtə:nˌəuvə US ˈtə:rnˌouvər] n 1.) [singular, U] BrE the amount of business done during a particular period turnover of ▪ The illicit drugs industry has an annual turnover of some £200 bn. turnover rose/fell ▪ Turnover rose 9%. 2.)… …   Dictionary of contemporary English

  • Turnover — Rotation de l emploi Voir « rotation de l emploi » sur le …   Wikipédia en Français

  • labour-market segmentation — In essence, neo classical economic theory sees a market for labour, with buyers and sellers in open competition with each other, which functions in broadly the same way as other markets. There are differences of course. It is recognized that… …   Dictionary of sociology

  • turnover — 1) The total sales figure of an organization for a stated period. Turnover is defined in the UK Companies Act (1985) as the total revenue of an organization derived from the provision of goods and services, less trade discounts, VAT, and any… …   Big dictionary of business and management

  • turnover — /ˈtɜnoʊvə / (say ternohvuh) noun 1. the act or result of turning over; upset. 2. the aggregate of worker replacements in a given period in a given business or industry. 3. the ratio of the labour turnover to the average number of employees in a… …   Australian English dictionary

  • turnover — noun 1 (esp. BrE) amount of business a company does ADJECTIVE ▪ high, low ▪ company, group (both BrE) ▪ combined, total ▪ …   Collocations dictionary

  • labour-intensive industry — /ˌleɪbər ɪnˌtensɪv ɪndəstri/ noun an industry which needs large numbers of workers, where labour costs are high in relation to turnover …   Marketing dictionary in english

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