What does "turnover rate" mean?

the ratio of the number of workers that had to be replaced in a given time period to the average number of workers

Turnover rate

Common synonyms include: employee turnover, biological turnover, cell turnover, enzyme activity, inventory turnover, metabolic turnover.

Rare ·Advanced level

Noun

1
the ratio of the number of workers that had to be replaced in a given time period to the average number of workers wordnet