Labour Turnover: Meaning, Mechanism and Its Calculation

After reading this article you will learn about Turnover:- 1. Meaning of Turnover 2. Classifications of Turnover 3. Mechanism 4. Calculation. Meaning of Turnover: In a human resources context, turnover or labour turnover is the rate at which an employer gains and loses employees. Simple ways to describe it are "how long employees tend to stay" or "the rate of [...]