turnover rate
- noun
- /ˈtɜrnˌoʊvər reɪt/
- Specialized
- The manager implemented new strategies to reduce the turnover rate and retain skilled workers.
- high turnover rate
- average turnover rate
- low turnover rate
Examples
-
Among officers alone, the turnover rate had been 46 percent.
Academic text (2004) -
The fourth research concern examined the turnover rates between male and female academics.
Academic text (2002) -
Certain factors that contribute to the high turnover rate are beyond an employer's control.
Academic text (1994) -
The results showed that, on average, female academics had a higher turnover rate than males.
Academic text (2002) -
As shown in Table I, the average turnover rate for the period under review is 16.18%.
Academic text (2002) -
In addition, the DOL noted that the turnover rates are higher for women than for men.
Academic text (1996) -
Altogether, the interventions reduced turnover rates by 11 to 44 percent.
Academic text (2001) -
Compounding this problem is a high turnover rate among journalists.
Academic text (1993) -
Last year, for firms our size or larger, the average turnover rate among associates was twenty-eight percent.
Fiction book (1991) -
For example, in the 1992/93 academic year, the Humanities had the highest turnover rates (15.56%).
Academic text (2002)
Synonyms
The rate at which employees leave and are replaced in a company
The rate at which people stop using a product or service
The number of people who leave or die from a group over time
How quickly workers leave a company and new ones replace them
How quickly the size of a group becomes smaller over time
Antonyms
Surface Forms
Morphology
The phrase is directly compositional: 'turnover' denotes employees leaving and 'rate' denotes frequency, so 'turnover rate' straightforwardly means the frequency at which staff leave. This is a standard noun+noun measurement construction found across languages and will be understandable to a B1 learner who knows both constituents.
Etymology
Turnover rate comes from the image of goods in a shop being sold and replaced: the stock turns over when items leave the shelf and new ones come in. So for people, a high turnover rate means staff are 'leaving' and being replaced often, while a low one means the team stays together.