What is turn over?

Turnover refers to the rate at which employees leave a company and are replaced with new hires. It is usually expressed as a percentage of the total number of employees in a company. High turnover can be a major challenge for companies, as it can be costly and disruptive to constantly replace employees. Turnover can be caused by a variety of factors, including low pay, poor working conditions, lack of job satisfaction, or a lack of opportunity for career growth. Companies often try to reduce turnover by improving working conditions, offering better pay and benefits, and providing opportunities for professional development.