noun. With regard to industrial and organizational environments, the quantity of workers who leave their tasks during a chosen time frame. A differention is usually made between manageable turnover and unmanageable turnover. The rate is computed by dividing manageable by the typical quantity of workers in the establishment or unit during this time frame. This rate can be an implicator of the general degree of task fulfillment across workers.
TURNOVER: “Turnover is also known as labor turnover in some sects.”