Business / Human Resources (HR) / Turnover Costs: Costs associated with a separation of employment, including items such as unemployment compensation, COBRA benefits continuation costs, the cost of conducting exit interviews, as well as costs associated with replacing an employee, such as advertising, pre-employment testing, time and materials for new hire orientation, training and lost productivity.
Business / Finance / Receivables Turnover Ratio: Total operating revenues divided by average receivables. Used to measure how effectively a firm is managing its accounts receivable. MORE
Business / Finance / Round-Trip Transactions Costs: Costs of completing a transaction, including commissions, market impact costs, and taxes. MORE