What is Labor turnover?

Whether you're a beginner or an expert, you will find this Glossary useful.

Labor turnover, also known as staffing turnover, refers to the ratio of a number of employees who leave a company through attrition, dismissal or resignation to the total number of employees on the payroll in that period.

what-is-labor-turnover

Labor turnover definition

Labor turnover, also known as staffing turnover, refers to the ratio of a number of employees who leave a company through attrition, dismissal or resignation to the total number of employees on the payroll in that period. It's used for measuring employee retention.

Types of turnovers

1. Voluntary: when an employee leaves the organization on his/her own.

2. Involuntary: when the employees get terminated from his/her services.

3. Functional: when low performing employees are dent from the company in order to enhance the overall performance.

4. Dysfunctional: when skillful, good performing employees leave the company leaving the company in a bad shape.

Free Glossary of Human Resource Terms

Improve your HR vocabulary by learning the most important HR terms & Definitions

Download Now

2019 Guide for Buying a Recruiting Tool

Download this guide with useful advices for buying a recruiting software tool that will help you improve your hiring efforts.

Get the Guide
TalentLyft ATS

Your Hiring Teammate

TalentLyft is intuitive and simple recruitment software specialized for SMBs.
Try it free for 14 days!
No credit card required, unsubscribe at any time.