may refer to:
- The general term meaning the amount of result/circulation/renewal per unit time. The term may be applied in many settings in numerous fields with a dynamic balance of content (people, Mass , Heat , Chemical s, Money , etc.).
- ---In U.S. Financial Terminology , is generally used to refer to the rate at which a provider of goods cycles through its average inventory. The number of times within its business cycle that a company completely exhausts (and replenishes) its inventory is called its '''turnover.''' When auditing the financial strength of a company, auditors will frequenlty use a company's turnover ratio (turnover = Cost Of Goods Sold /average inventory level) to compare it to other companies in its industry.
- ---In US Human Resources terminology, refers to the characteristic of a given company or industry, relative to rate at which an Employer gains and loses staff; if an employer is said to have a high turnover, it most often means that employees of that company have a shorter tenure than those of other companies in that same industry. Similarly, if the average tenure of employees in a particular sector is lower than that in other sectors, that sector can be said to have a relatively high turnover. There can be many different reasons for high turnover - employees may be dismissed due to poor performance, they may leave because they are unhappy with the conditions of Work , or they may be lured away by rival employers in a strong job market. Unskilled positions often have high turnover, and employees can generally be replaced without the Business incurring any loss of performance. If skilled professionals are frequently leaving their jobs, the high turnover can be a risk to the business due to lost skills and knowledge. By contrast, if a position has low turnover, it could be an indicator that the employer offers good benefits, or high pay, or the employee otherwise finds benefits to staying with that employer for a longer period of time. Such positions may be filled for several years.
- ---In European financial terminology, usually means Revenue , while inventory turnover is called '''inventory turnover''' and staff turnover is called '''staff turnover'''.
- ---In Limnology , refers to the mixing of upper layers of lake water with lower levels, which usually occurs in the fall; a lack of mixing is a result of temperature gradient that cause density differences
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