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Definition of employee turnover?


Definition of employee turnover?

Ratio of the number of employees joined and left in one year.

http://en.wikipedia.org/wiki/Turnover_%2...

employee turnover = (number of employees at the start of the year - number of employees who left during that year) / number of employees at the start of the year

A company that started the year with 100 people and 10 people quit (or otherwise left) has a 10 percent employee turnover.

The ratio of the number of workers that had to be replaced in a given time period to the average number of workers
- turnover rate, turnover

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