Understanding Turnover Rate: How Do You Calculate It in Percentage?

jasajaleel
Hi, guys. Could anyone tell me about the turnover rate calculation in percentage?
prerana
Hi,

Please find attached the document that will explain the calculation to you.

Regards,
Prerana
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walidmohamed
What is attached is the separation percentage.

Turnover percentage = (Separation + Hiring) / 2 / Average number of employees
naveensingh
Turnover can be calculated with this simple formula - Turnover Rate = (No. of Separations / Avg. no. of manpower) * 100 or Turnover Rate = No. of Separations / (Opening Strength + no. of joinings - no. of relieving) * 100.

Regards, Naveen.
Ravi Shankar Sharan
Hi,

Please send me any notifications regarding CL, SL, and other leaves except EL in the Factory Act 1948.

Ravi Sharan
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