staff turnover
Workforce replacement rate
Staff turnover is the rate at which employees leave an organization and are replaced by new hires.
High turnover suggests dissatisfaction, poor management, or a competitive job market; low turnover indicates stability.
HR departments track this metric closely: The company's staff turnover has doubled since the layoffs.
Also called employee turnover.
- layoffsMass job eliminations
- pink slipEmployment termination notice
- walking papersInformal dismissal notice
- resignationVoluntary relinquishment of position
- two weeks noticeCustomary resignation advance warning
exit · exit interviews · retirement · understaffed · skeleton crew · burnout · replacement · onboarding · career advancement · exit strategy · revolving door · training expenses · dismissal · notice · vacancy · attrition · talent drain · brain drain
- HR Managementhuman resources, HR, hiring, recruiting, staffing
- healthcare problemsmedical errors, misdiagnosis, high costs, long waits, staffing shortages
- staffingstaffing, hiring, staffing firm, staffing agency, staffing firms
- Turnover Rateschurn rate, retention rate
- Quitting a Jobquitting, notice, two weeks notice, exit interview, last day
- operational riskssystem failure, human error, equipment failure, data breach, software bug
staff turnoverinstitutional memory
Organization's accumulated informal knowledge