Understanding Employee Turnover: How Do You Define and Calculate It?

Hi,

Could you please let me know your definition of employee turnover? Is it the ratio of the number of employees who have left (due to discharge, voluntary resignation, retirement, etc.) to the total number of formal staff (including new hires and the original retained) in the whole year? How is it calculated, and how should the calculated result be used?

I look forward to hearing your insights. Thank you.

Best regards,
Iris

Dear Iris,

The ratio of the number of workers that had to be replaced in a given time period to the average number of workers is defined as employee turnover.

Regards,
Mubeen

Hi Iris,

I have some articles that could be useful for you in understanding turnover and how to calculate it. Please check out my attachments; I hope you can find the answers.

Regards,
Evan