How can you have more than 100% turnover?

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This is the first line in an article about the fast food industry: “With the fast-food industry facing 150% annual turnover rates, brands are turning to Miso’s AI-powered kitchen robot, Flippy, to help increase profits…” How can you have more than 100% turnover? Thank you.

In: Economics

23 Answers

Anonymous 0 Comments

You have one job. But everyone you hire quits after 3 months, so you end up hiring 4 people for that one job. That job has 400% turnover.

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