Employee turnover is the rate at which employees leave an organization and are replaced with new personnel. It is often expressed as a percentage of the total number of employees for a certain time period. High staff turnover may indicate problems such as low job satisfaction, bad working conditions, or insufficient remuneration and perks.
Example
A corporation's turnover rate is 25% each year, which means that one out of every four employees leaves the company and is replaced by a new hiring.