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Turnover

The amount of money taken by a business in a period; or the rate at which employees leave and are replaced.

Business Glossary provided by Plannit.ai
Turnover in finance refers to the total revenue a company brings in from its operations. In HR, turnover refers to the rate at which employees leave a business and are replaced. High turnover can indicate dissatisfaction with jobs or the workplace and can be costly due to the need for recruitment and training. Low turnover often suggests employee satisfaction and can be a sign of stability within the company.
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