What is the term for the cycle of hiring and training new employees when a position becomes vacant?

The term that describes the cycle of hiring and training new employees when a position becomes vacant is turnover. Turnover refers to the rate at which employees leave a workplace and need to be replaced. It can occur due to various reasons, such as resignations, retirements, or dismissals. When turnover happens, it necessitates recruitment efforts to find suitable candidates, followed by training to ensure those new hires are ready to perform effectively in their roles.

While the other terms may relate to aspects of workforce management, they do not capture the entire process of replacing employees as specifically as turnover does. Retention pertains to strategies aimed at keeping employees within the organization, recruitment focuses on attracting new employees, and succession refers to planning for future leadership or position filling. In this context, turnover is the most accurate term to describe the situation where vacancies arise and the subsequent hiring and training cycles kick in.