Meaning of “labour turnover” in the English Dictionary

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"labour turnover" in Business English

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labour turnovernoun [ S or U ]

UK US labor turnover uk us HR

the rate at which employees leave a company and are replaced by new employees:

High levels of labour turnover mean that many people are working for only a short time in any particular job.

(Definition of “labour turnover” from the Cambridge Business English Dictionary © Cambridge University Press)