The percentage of total employment in a company that has changed over a period. Although it is not usually indicative of a good situation in the company, there are sectors where it is practiced to maintain a broad base of workers from which to select those who will be promoted, for example, in an auditing firm; or to maintain a low average seniority in highly cyclical sectors that may require periodic personnel restructuring. Employee turnover can be costly for companies, as it can lead to increased recruitment and training costs and decreased productivity.
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