employee turnover

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Explanation of "Employee Turnover"

Definition: "Employee turnover" is a noun that refers to the rate at which employees leave a company and need to be replaced. It is often expressed as a ratio that compares the number of employees who leave (and need to be replaced) to the average number of employees working during that same time period.

Advanced Usage:

In more advanced discussions, you might analyze the reasons behind employee turnover, such as job satisfaction, company culture, or external job market conditions.

Word Variants:

• Turnover Rate (noun): This is a synonym for "employee turnover" and emphasizes the percentage aspect.
• Turnover (noun): This can refer to turnover in general, not just in an employment context (e.g., sales turnover).

Different Meanings:

While "turnover" can refer to employees, it can also mean: - Business Turnover: The total revenue generated by a business in a specific period.

Synonyms:

• Staff turnover
• Employee attrition
• Workforce turnover

Idioms and Phrasal Verbs:

1. "Burn out" (verb): When employees become exhausted and leave their jobs, contributing to turnover.

   • Example: "Many employees burn out due to excessive work hours."

2. "Cut ties" (idiom): To end a relationship, which can refer to employees leaving the company.

   • Example: "After the layoffs, many workers decided to cut ties with the company."

Conclusion:

Understanding "employee turnover" is important for anyone studying business or human resources.

Academic

Noun

1. the ratio of the number of workers that had to be replaced in a given time period to the average number of workers

Synonyms

• turnover rate
• turnover