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1. Dictionary

   Turn·o·ver

   /ˈtərnˌōvər/

   

   noun

   • 1. the amount of money taken by a business in a particular period: "a turnover approaching $4 million" Similar (gross) revenueincomeyieldvolume of businessbusinesssales
   • 2. the rate at which employees leave a workforce and are replaced: "high staff turnover left the program with too many young instructors" Similar rate of replacementcoming and goingchangemovement
   • ▪ the rate at which goods are sold and replaced in a store. Similar throughputrate of buying and sellingmovement
   • 3. a small pie made by folding a piece of pastry over on itself to enclose a sweet filling: "an apple turnover"
   • 4. (in a game) a loss of possession of the ball to the opposing team: North American "the team were sitting on their lead and taking care to avoid turnovers"

   Scrabble Points: 11

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2. People also ask

   What is employee turnover?

   • Employee turnover is the percentage of employees that leave your organization during a given time period. Organizations typically calculate turnover rates annually or quarterly. They can also choose to calculate turnover for new hires to assess the effectiveness of their recruitment policy.

   Employee Turnover Rate: Definition & Calculation - Forbes

   www.forbes.com/advisor/business/employee-turnover-rate/

   See all results for this question

   How do you calculate employee turnover?

   • To calculate employee turnover, you will need to collect three pieces of information. First, the number of employees your organization had at the beginning of the time period, such as year. Second, the number of employees your organization had at the end of the time period.

   Employee Turnover Rate: Definition & Calculation - Forbes

   www.forbes.com/advisor/business/employee-turnover-rate/

   See all results for this question

   What does turnover mean?

   • Turnover is how quickly a company has replaced assets within a specific period. It can include selling inventory, collecting receivables, or replacing employees. It can also represent the percentage of an investment portfolio that is replaced. Turnover might also mean something different depending on the area you're in.

   What Is Turnover in Business, and Why Is It Important? - Investopedia

   www.investopedia.com/terms/t/turnover.asp

   See all results for this question

   How do you deal with employee turnover?

   • Review your recruitment processes, change your compensation and benefits plan or incorporate a succession planning policy. Ultimately, if you respond to turnover issues proactively, you will improve your company and retain great employees. What is a good rate of employee turnover?

   How to calculate employee turnover rate - Workable

   resources.workable.com/tutorial/calculate-employee-turnover-rate

   See all results for this question

   Why is a good employee turnover rate important?

   • Having a good employee turnover rate has multiple benefits for any organization. Here are some of the core reasons a positive employee turnover rate helps your business: Reduced Costs. When you have a low annual turnover rate, your costs are lower throughout the business. With fewer resignations, you have fewer new hires to recruit and train.

   What is Employee Turnover and Why Does it Matter? | Gusto

   gusto.com/resources/articles/hr/team-management/what-is-employee-turnover

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   Is employee turnover a problem?

   • The good news is that these problems are often solvable, although solutions may require time and money. If you’re seeing high rates of employee turnover at your company, it may be worth taking the time to understand the reasons why workers are leaving; this way you can begin to pinpoint solutions. Below are some of the leading causes of turnover:

   What is Employee Turnover and Why Does it Matter? | Gusto

   gusto.com/resources/articles/hr/team-management/what-is-employee-turnover

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3. www.forbes.com › business › employee-turnover-rateEmployee Turnover Rate: Definition & Calculation - Forbes

   www.forbes.com › business › employee-turnover-rate

   • Cached

   Jun 3, 2024 · Employee turnover is the percentage of employees that leave your organization during a given time period. Organizations typically calculate turnover rates annually or...

4. www.investopedia.com › terms › tWhat Is Turnover in Business, and Why Is It Important?

   www.investopedia.com › terms › t

   • Cached

   Jun 5, 2024 · Turnover is an accounting concept that measures how quickly a business either collects cash from accounts receivable or sells its inventory. Learn why it matters.

   • Author: Will Kenton

   • Video Duration: 2 min

5. gosuperscript.com › what-is-business-turnoverWhat is business turnover and how do you calculate it?

   gosuperscript.com › what-is-business-turnover

   • Cached

   Oct 6, 2022 · Put simply, turnover is the total amount of money your business receives from the sale of goods and services – minus discounts and VAT. Turnover is calculated over a specific period of time, usually a quarter or financial year.

6. resources.workable.com › tutorial › calculateHow to calculate employee turnover rate - Workable

   resources.workable.com › tutorial › calculate

   • Cached

   Apr 16, 2024 · Employee turnover rate is a measure of how many employees leave a company in a given period, usually a year. It's calculated by dividing the number of employees who left by the average number of employees, then multiplying by 100. This rate helps assess the company's retention and overall management effectiveness. 485,010.

   • As a general rule, employee retention rates of 90 percent or higher are considered good, and a company should aim for a turnover rate of 10% or les...
   • High turnover for a role is a major red flag, suggesting the company has a toxic culture or — more specifically — the position's manager is very di...
   • Staff turnover is an important way to measure both the effectiveness of the human resources management system and the overall management of an orga...

7. www.merriam-webster.com › dictionary › turnoverTurnover Definition & Meaning - Merriam-Webster

   www.merriam-webster.com › dictionary › turnover

   • Cached

   The meaning of TURNOVER is the amount received in sales for a stated period. How to use turnover in a sentence.

8. Videos

   • 

     investopedia.com

     Inventory Turnover Ratio: What It Is, How It Works, and Formula

     Nov 22, 2017

   • 

     investopedia.com

     What Is Turnover in Business, and Why Is It Important?

     Dec 31, 2008

   • 

     investopedia.com

     Working Capital Turnover Ratio: Meaning, Formula, and Example

     Jan 27, 2010

   View all

9. businessadvice.co.uk › finance › what-is-companyWhat Is Company Turnover & How Do You Calculate It?

   businessadvice.co.uk › finance › what-is-company

   • Cached

   May 11, 2022 · Company turnover is the total revenue generated by a business in a specific period of time, usually one year. It is sometimes referred to as “sales volume,” “income” or “gross revenue” with all terms meaning more or less the same thing. Many new business owners misunderstand the meaning of turnover, thinking it is the same as profit.

10. gusto.com › what-is-employee-turnoverWhat is Employee Turnover and Why Does it Matter? | Gusto

    gusto.com › what-is-employee-turnover

    • Cached

    Apr 27, 2023 · Employee turnover defines how many employees leave an organization within a specific time frame. It’s an important indicator of a) how healthy the workplace is, and b) how long the average employee can be expected to remain with the company. Employee turnover rate is a metric that measures employee turnover.