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.

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



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