What is Turnover costs?

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

Turnover cost refers to expenses both tangible or intangible associated with replacing an employee.

what-is-turnover-costs

Turnover costs definition

Turnover cost refers to expenses both tangible or intangible associated with replacing an employee.

Turnover costs include items like:

• unemployment compensation

• COBRA benefits continuation costs

• advertising

• pre-employment testing

• time and materials for new hire

• orientation and training

Free Glossary of Human Resource Terms

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

Download Now

2018 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.