Meaning of labour turnover
Labour turnover
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Business glossary
Meaning of term labour turnover :
Labour turnover is a measure of how many people leave a business over a given period of time. Rather than just look at the 'absolute' figure, the labour turnover would usually be expressed as a percentage of the total labour force. Firms try to avoid high labour turnover as it can adversely affect productivity and employee motivation.
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Labour turnover
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