turnover
CEFR: B2
The total gross revenue generated by a business over a period; or the rate at which employees leave and are replaced in a workforce.
Synonyms
- gross revenue
- staff attrition
Common Collocations
- annual turnover
- high staff turnover
- turnover rate
Example Sentence
High employee turnover in offshore call centres imposes substantial recruitment and retraining expenses on service providers.