labour turnover

labour turnover
The inflow and outflow of labour employed by an enterprise. Some of this is because of fluctuations in total employment over time, either seasonally or cyclically. Some turnover results from geographical mobility of activitiy, notably in the construction sector. Some results from the aging of the labour force: older workers retire and young ones enter employment. There is also a large amount of turnover for personal reasons. Workers may leave jobs because they dislike their boss, because their families move, because they want a variety of experience to improve their qualifications, because they become mature students, because they get a better job, or simply because they are bored. Employers sack workers because they are dissatisfied with their work, or because changes in technology or organization eliminate the need for them. The result of all these factors is that, even ignoring temporary and seasonal work, an appreciable percentage of the...

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