turnover
n. C / Un. the rate at which people leave a company and are replaced by new workers. It can also mean the total amount of money a business receives from sales during a specific time.
n. the rate at which employees leave a workforce and are replaced; alternatively, the total volume of business or income generated by a company within a given period.
The restaurant has a high staff turnover during the summer.
The company reported an annual turnover of five million dollars despite the recent economic downturn.
High employee turnover often signals underlying issues with corporate culture or compensation structures, leading to increased recruitment costs and a loss of institutional knowledge.
Deverbal from turn over.
Used as an uncountable noun when referring to the general concept of business volume; used as a countable noun when referring to specific instances or rates of change.