Employee turnovers refer to the rate at which employees leave a company and are replaced. The word "employee" is pronounced /ɪmˈplɔɪiː/ and "turnovers" is pronounced /ˈtɜːnəʊvəz/. The spelling of the word "employee" follows the usual English spelling rules, while "turnovers" has a silent "e" at the end. This word can also be spelled as "employee turnover" depending on the context in which it is used. Understanding the correct spelling of "employee turnovers" is important in effective communication within the workplace.
Employee turnover refers to the rate at which employees leave or are replaced within an organization over a specific period of time. It is a measure used to assess the stability and effectiveness of an organization's workforce. The term refers to both voluntary and involuntary separations, including resignations, retirements, terminations, and layoffs.
Employee turnover is typically expressed as a percentage and is calculated by dividing the number of employees who left during a given period by the average number of employees during that same period, multiplied by 100. A high turnover rate indicates a high level of employee departures, while a low turnover rate suggests employee stability and satisfaction within the organization.
There are various factors that contribute to employee turnover, such as job dissatisfaction, inadequate compensation, limited career growth opportunities, poor management, a lack of work-life balance, or employee burnout. High turnover can lead to negative consequences for an organization, including increased recruitment and training costs, reduced productivity, decreased employee morale, and a loss of organizational knowledge and expertise.
To address and mitigate turnover, organizations may implement strategies to improve employee engagement, offer competitive compensation and benefits packages, provide opportunities for career development and training, foster a positive work environment, and establish effective performance management processes. By actively managing and reducing turnover, organizations can enhance employee retention, organizational stability, and overall performance.
The word "employee turnovers" does not have a specific etymology, as it is comprised of two separate words: "employee" and "turnover". Here is the etymology of each word:
1. Employee: The word "employee" originated from the French word "employé" (past participle of "employer"), which means "person employed". It was borrowed into English during the 18th century.
2. Turnover: The word "turnover" originated from the combination of two separate words: "turn" and "over". The word "turn" comes from the Old English word "turnian", which means "to turn, revolve". The word "over" comes from the Old English word "ofer", which means "above, upon".