Business, Legal & Accounting Glossary
A measure of a company’s or industry’s employment stability expressed as a percent that compares the number of employees that leave an employer, voluntarily or involuntarily, to the number of existing employees during a 12 month period. The turnover rate is also a gauge of the length of employee tenure at a particular company.
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This glossary post was last updated: 20th November, 2021 | 0 Views.