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Definition of Turnover rate
1. Noun. The ratio of the number of workers that had to be replaced in a given time period to the average number of workers.
Lexicographical Neighbors of Turnover Rate
Literary usage of Turnover rate
Below you will find example usage of this term as found in modern and/or classical literature:
1. The Turnover of Factory Labor by Sumner Huber Slichter (1919)
"The turnover rate among the common laborers in the street railway shops was twice
... The store room lumpers in the shipyard had a turnover rate 14 times as ..."
2. Employers and Child Care: Benefiting Work and Family (1994)
"The annual turnover rate of employees who used company- sponsored child care ...
At 53 percent of the companies, the turnover rate for center users was zero ..."
3. Principles of Business by Charles William Gerstenberg (1922)
"This rate is called the "refined turnover rate," and represents, obviously, the
portion of the turnover which is subject to reduction. ..."
4. Federal Nutrition Programs: Hearing Before the Committee on Agriculture ... (1998)
"For the 6811 providers reporting both, turnover rate is the annual admissions
... Using these functional relationships, an estimated turnover rate was ..."