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turnover rate — the rate at which employees leave a company and are replaced by new employees

Part of speech: NOUN

Definition: the rate at which employees leave a company and are replaced by new employees

Pronunciation (IPA): /ˈtɜːrnoʊvər reɪt/

Example Sentences

  • Our startup has a 50% turnover rate - half our employees quit to become YouTubers!
  • The restaurant's turnover rate is so high, they have orientation every Monday.
  • Companies with good benefits typically maintain a lower turnover rate.

turnover rate

NOUN

[/ˈtɜːrnoʊvər reɪt/]

the rate at which employees leave a company and are replaced by new employees

multiple employees are walking out the front door carrying cardboard boxes while new employees simultaneously enter from the other side. The departing workers look tired and frustrated as they exit with their belongings. At the same time, nervous-looking new hires walk in carrying fresh briefcases and folders. A stressed manager stands in the middle trying to coordinate the constant flow of people coming and going. Other office workers at nearby desks watch the continuous parade of departures and arrivals with concerned expressions.  the rate at which employees leave a company and are replaced by new employees
💡 Concept

multiple employees are walking out the front door carrying cardboard boxes while new employees simultaneously enter from the other side. The departing workers look tired and frustrated as they exit with their belongings. At the same time, nervous-looking new hires walk in carrying fresh briefcases and folders. A stressed manager stands in the middle trying to coordinate the constant flow of people coming and going. Other office workers at nearby desks watch the continuous parade of departures and arrivals with concerned expressions. the rate at which employees leave a company and are replaced by new employees

High turnover rate brings concern - will good employees return?
🎵 Rhyme

High turnover rate brings concern - will good employees return?

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🎤Pronunciation

🇺🇸 US/ˈtɜːrnoʊvər reɪt/
🇬🇧 UK/ˈtɜːnəʊvə reɪt/

🌳Etymology

Rootturn
Suffix-over

Origin

Turnover combines Old English 'turn' (to rotate or revolve) with 'over' (completely, thoroughly), producing 'turnover' meaning a complete change or cycle of replacement. Rate derives from Latin 'rata' (reckoned, fixed), originally from 'reor' (to calculate), denoting a proportion or measure.

Breakdown

turn (rotate, revolve) + over (completely, thoroughly) + rate (Latin rata, proportion or measure). Together, turnover rate expresses the frequency or speed at which something is completely replaced or cycled through.

🎵Rhyme

overturn
return
concern

🔗Collocations

high turnover rate
reduce turnover rate
annual turnover rate
employee turnover rate
calculate turnover rate
low turnover rate

📝Examples

😄 Fun example

“Our startup has a 50% turnover rate - half our employees quit to become YouTubers!”

😄 Fun example

“The restaurant's turnover rate is so high, they have orientation every Monday.”

“Companies with good benefits typically maintain a lower turnover rate.”

“HR is analyzing the turnover rate to improve employee retention strategies.”

📚Related Words

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