Definition: Employee Turnover is the process of replacing workers with others for any reason. The percentage of employees which an organization has to replace within a time priod (year) is called ET rate. |
More on retention: Bradford Factor, Brownout, Burnout, Employee Ghosting, Employee Loyalty, more on retention... MBA Brief provides concise yet precise definitions of organizational concepts, management methods, and business models as taught in an MBA program. We keep it short and provide links to high-quality websites where you can learn more about your topic. |
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