Labor Turnover

Business, Legal & Accounting Glossary

Definition: Labor Turnover

Labor Turnover

Full Definition of Labor Turnover

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.

Cite Term

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Page URL
Modern Language Association (MLA):
Labor Turnover. Payroll & Accounting Heaven Ltd.
December 01, 2022
Chicago Manual of Style (CMS):
Labor Turnover. Payroll & Accounting Heaven Ltd. (accessed: December 01, 2022).
American Psychological Association (APA):
Labor Turnover. Retrieved December 01, 2022
, from website:

Definition Sources

Definitions for Labor Turnover are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.