Returning to the original question, if there is no context, I would assume the general financial meaning, which would be equivalent to "sales" or "revenue". 0 && stateHdr.searchDesk ? Related (free) resource ahead! Turnover Rates and Causes, HR Metrics & Dashboarding Certificate Program, Strategic Talent Acquisition Certificate Program, it costs companies between 6 and 9 months of an employees salary to replace them, What does high turnover mean? We want to find ways to speed up inventory, Instead of vitamin A, this serum has a complex of growth factors and peptides, which promote cell, Until now, the Competition Commission of India examined deals based on companies asset size and, The report points to the growing complexity of the CFO roleand, Advertisement The Aztecs halftime box score was ugly: 28.6 shooting, nine, The judge and legal teams will set dates for the next hearing and deadlines for discovery, in which the district attorneys office must, Beltrami has argued that the ledgers showing how much private investigators got paid were, Post the Definition of turnover to Facebook, Share the Definition of turnover on Twitter, Palter, Dissemble, and Other Words for Lying, Skunk, Bayou, and Other Words with Native American Origins, Words For Things You Didn't Know Have Names, Vol. sentences. A high turnover rate means that many of your employees more than whats expected in your line of business have quit the organization. Employees increasingly attach importance to the learning opportunities their company offers (or doesnt offer). 1 of 2. Google how to calculate employee turnover and youll get various different formulas. Low engagement. In an HR context, (high) turnover refers to the number of workers who leave the organization. This involves so many elements that it easily justifies an article in itself. Learn a new word every day. The turnover rate is extremely low, we have close to 1,000 people on waiting lists wanting a flat in one of the colonies, but there are no vacant houses. 53 Synonyms ? Usage explanations of natural written and spoken English, British and American pronunciations with audio. Stay up-to-date with the latest news, trends, and resources in HR. Synonyms for Turnover Rates (other words and phrases for Turnover Rates). thesaurus. When 'thingamajig' and 'thingamabob' just won't do, A simple way to keep them apart. How to say turnover rate in sign language? Nglish: Translation of turnover for Spanish Speakers, Britannica English: Translation of turnover for Arabic Speakers, Britannica.com: Encyclopedia article about turnover. In most cases, these leavers need to be replaced by new employees. You might perhaps say that there is a high turnover of restaurants on the high street, but even this is hardly necessary having already said that restaurants come and go. Synonyms for Turnover rates. Synonyms: upset, turnover rate, overturn, dollar volume, employee turnover upset, overturn, turnover noun the act of upsetting something "he was badly bruised by the upset of his sled at a high speed" Synonyms: disturbance, disorder, employee turnover, perturbation, dollar volume, overturn, derangement, overthrow, turnover rate, swage, upset noun. Best synonyms for 'high turnover' are 'high staff turnover', 'high turnover of staff' and 'high turnover rate'. 2. Cambridge University Press), a device for finding direction with a needle that can move easily and that always points to magnetic north, From one day to the next (Phrases with day, Part 1), Cambridge University Press & Assessment 2023, 0 && stateHdr.searchDesk ? Send us feedback about these examples. Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. from the moment they apply. The meaning of TURNOVER is the amount received in sales for a stated period. verb. Antonyms for turnovers. Follow along with the video below to see how to install our site as a web app on your home screen. Accessed 30 Jun. employee turnover. It does mean, however, offering competitive pay and attractive additional types of employee benefits. The big advantage of sourcing in the 21st century is that theres heaps of technology available to help you optimize your sourcing efforts. Connect with Neelie via LinkedIn. Subscribe to America's largest dictionary and get thousands more definitions and advanced searchad free! Synonymsfor High rate of turnover 15 other terms for high rate of turnover- words and phrases with similar meaning Lists synonyms antonyms definitions examples thesaurus phrases high attrition high staff turnover high turnover high turnover of staff high turnover rate large turnover big movement high rotating high rotation high rotational Related (free) resource ahead! Another aspect here involves learning. These examples are from corpora and from sources on the web. 5 Turnover rate synonyms. https://www.freethesaurus.com/turnover+rate. adjective. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. Usage explanations of natural written and spoken English, British and American pronunciations with audio, As elsewhere in the country, there was an extremely, Low levels of retention indicate the difficulties faced by managers dealing with a shortage of skilled personnel and. Legend Synonym Antonym Related </>embed</> ratio turnover employee turn. Get instant synonyms for any word that hits you anywhere on the web! That doesnt necessarily mean you have to pay the highest salary. People who are married or people with children, for instance, are less likely to leave than someone who isnt married or doesnt have children. Antonyms for rate of turnover. It's a highly competitive environment. We want to find ways to speed up inventory turnover. Add turnover to one of your lists below, or create a new one. Synonyms for turnover rate turnover rate This thesaurus page includes all potential synonyms, words with the same meaning and similar terms for the word turnover rate. The word in the example sentence does not match the entry word. 1. high rate of turnover. ['tnov'] the ratio of the number of workers that had to be replaced in a given time period to the average number of workers. 2. Employee turnover, turnover, turnaround, turnaround time. From my limited experience in the corporate world, "turnover" usually refers to how fast employees enter a company and leave, which I believe corresponds to what PaulQ said in #5. How to use turnover in a sentence synonyms. Rate is not used in this context. Yes, it really is wrong for that sentence. A high turnover rate means that many of your employees more than whats expected in your line of business have quit the organization over a certain period of time. Click on the arrows to change the translation direction. ['tnov'] the act of upsetting something. Exact numbers differ depending on the type of job and country, but research shows that it costs companies between 6 and 9 months of an employees salary to replace them. In most cases, these leavers need to be replaced by new employees. Synonyms for High turnover rate. How to Calculate Turnover Rate Top Reasons for Employee Turnover The Impact of High Staff Turnover Turnover Costs and Losses How to Reduce Employee Turnover What is a Turnover Rate? Classic Thesaurus. StressStress is why people end up leaving their job. Click on the links below to explore the meanings. C. high turnover > synonyms. Neelie Verlinden is the host of the popular All About HR talk-show/podcast and co-founder of AIHR, the Academy to Innovate HR. Noun Phrase High turnover rates and low morale are the natural consequence of restricted career mobility. high turnover of staff. noun. to give (something) over to the control or possession of another usually under duress, to put (something) into the possession or safekeeping of another, to change the position of (an object) so that the opposite side or end is showing, Palter, Dissemble, and Other Words for Lying, Skunk, Bayou, and Other Words with Native American Origins, Words For Things You Didn't Know Have Names, Vol. Dont miss a thing, get notified on our weekly blog topics. The second sentence would be better as something like "This is why so many of them close every quarter.". Exact rates differ per country and industry, but jobs that have a guaranteed high turnover include: Other often-named high turnover jobs are jobs in education, call center agents and customer service representatives and child-care workers. In this article, well take a thorough look at high employee turnover. Fewer examples The seven companies have an aggregate turnover of $5.2 million. "We turnover 500 per week, so we order them in accordingly." A rate of turnover is a quantity divided by a time span. high rate of staff turnover. phrases. 18 examples: The immediate economic effect of high turnover rates was to disrupt production. What are another words for Turnover rate? synonyms. Synonyms tiptop top-notch tops superior super A-one topnotch crack Rhymes with Turnover Rate a42128 circumnavigate recriminate solid-state silverplate remunerate multistate intrastate interrelate disinflate demodulate translate stagflate reinstate procreate desecrate conjugate commutate underrate Employee engagement is the degree to which individuals invest their personal energies into their job performance. synonyms for turnover departure mass exodus Compare Synonyms On this page you'll find 296 synonyms, antonyms, and words related to turnover, such as: departure, and mass exodus. 3 high turnover of staff . TURNOVER RATE in Thesaurus: 89 Synonyms & Antonyms for TURNOVER RATE Parts of speech Synonyms Similar meaning View all turnover employee turnover churn rate renewal rate replacement level replacement rate rotation rate rotational rate turnover of staff attrition rates average turnover fast moving fluctuation rate mobility requirement Replacement costs can be lower for entry-level roles while replacement costs are significantly higher for professional, technical, and supervisory positions. suggest new. What can they expect from you as an employer in terms of career development? Contexts The amount of money earned by a business during a particular period The rate at which goods are sold and replaced in a shop The rate at which employees leave a workforce and are replaced 30 Jun 2023. And, we didn't have that many plays even in the first half because of the turnovers. Download the FREE cheat sheet with 51 HR Metrics. After all, thats how everything gets better: employee morale and productivity, the quality of your products and services, etc. Search for synonyms and antonyms. Nglish: Translation of turnover for Spanish Speakers, Britannica English: Translation of turnover for Arabic Speakers, Britannica.com: Encyclopedia article about turnover. Here too, there is some, Preselection: Its not uncommon for new hires to leave prematurely because of unmet expectations about the job, the organization, or both. Contains Parliamentary information licensed under the, facturacin, volumen de ventas, movimiento de personal, faturamento, volume de vendas, rotao (de empregados, turnover [masculine], rotation [feminine], chiffre [masculine] daffaires, , , , gjennomtrekk av ansatte [masculine], omsetning [masculine], omsetning, , , , giro daffari, (giro/volume daffari), movimento, Test your vocabulary with our fun image quizzes, Clear explanations of natural written and spoken English. 20,000 per year / 4 a week / 679 a minute, etc. He is being laid off and is part of Initechs. Synonyms for Turnover Rates in Free Thesaurus. However, may I ask if "turnover" works in this context as well without confusing anyone:[quote[, It is clear that you are talking about restaurants closing, but "turnover" refers to a cycle, and cannot really be used just for restautants closing. 1. . churn rate. For a better experience, please enable JavaScript in your browser before proceeding. Do Not Sell or Share My Personal Information. Without context, my answer to that question is "pikestaff". 2023. The business has an annual turnover of $50,000. Employee turnover happens due to termination, people leaving for a job they believe is better, or because they feel they couldnt develop their career within your company. Best synonyms for 'high rate of staff turnover' are 'high turnover of staff', 'high staff turnover' and 'high turnover rate'. To save this word, you'll need to log in. Rebecca is considered part of ACME Corporations, Matt recently joined Initech 6 months ago and is their top TPS report writer. Synonyms for turnovers in Free Thesaurus. Using jobZology, Initech could have hired someone else for the position, who would enjoy the type of environment that Initech can offer for its employees. definitions. Different industries and countries have different expected turnover rates. Noun Phrase The human cell turnover rate differs based on location and function. Susan is considered part of ACME Corporations, After experiencing hefty financial losses, Initech has determined they must layoff a number of its employees. Calculating Turnover Rate The actual equation to determine turnover rate is to divide the number of separations in a month by the average number of employees and multiply that number by 100. Start using data to drive better, fact-based, people-decisions throughout HR. Employee turnover often is a result of poor hiring decisions and bad management. A quiz to (peak/peek/pique) your interest. Princeton's WordNet Rate these synonyms: 0.0 / 0 votes employee turnover, turnover rate, turnover noun Continue reading below , Data-driven HR starts by implementing relevant HR metrics. Engaged, active employees are psychologically present, committed, and proud of the company they work for.
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