labour turnover rate
1labour 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… …
2labour 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 …
3rate of turnover — turnover ratio The frequency, expressed in annual terms, with which some part of the assets of an organization is turned over (i. e. replaced by others of the same class). In order to calculate how frequently stock is turned over, the total sales …
4turnover — 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… …
5turnover — or turns Terms used to describe the number of operating cycles in a defined period of time or the length of each specific operating cycle. Typical turnover cycles are: the rate at which accounts receivable converts to cash, the rate at which… …
6Turnover — 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.… …
7turnover — 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.)… …
8turnover — /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… …
9controllable turnover — See labour turnover rate …
10uncontrollable turnover — See labour turnover rate …