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turnover ratethe 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/

Korean meaning: 직원들이 회사를 떠나고 새로운 직원으로 교체되는 비율, 이직률

Korean pronunciation: **턴**오버 **레**이트

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

turnover rate concept
💡 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

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turnover rate rhyme
🎵 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

turnover는 '뒤집다, 회전하다'는 의미의 turn과 '위에, 끝나다'는 의미의 over가 결합되어 '완전히 바뀌는 것'을 의미하게 되었고, rate는 라틴어 rata에서 유래되어 '비율'을 뜻한다.

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🎵Rhyme

overturnreturnconcern
overturn
return
concern

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📝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.

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📚Related Words

Synonyms

attrition rateemployee churnstaff turnoverretention rate

Antonyms

employee retentionjob stability

Related

resignationrecruitmentworkforcehuman resourcesjob satisfaction