C1nounbusinesswork
US/ˈtɜːrnˌoʊ.vər/
UK/ˈtɜːnˌəʊ.və/
the rate at which workers leave a company and are replaced; also the total sales of a business
In context
Low pay and long hours have led to high staff turnover at the call center.
The family business now has an annual turnover of over fifty billion đồng.
Reducing turnover saves money because hiring and training new staff is expensive.
Words that go with turnover
noun + noun
- staff turnoverStaff turnover fell after the company raised wages.
adjective + noun
- high turnoverRestaurants usually have a high turnover of workers.
- annual turnoverFirms with an annual turnover below this level pay less tax.
noun + preposition
- turnover ofThe shop has a turnover of two billion đồng a month.
verb + noun
- reduce turnoverFlexible hours can help reduce turnover.