Employee Turnover in Service Industry: How Do You Calculate It Accurately?

Dear all,

Hi, I am new to this community and seeking help from you. Can you please guide me on how to calculate employee turnover in the service providing industry?

Employee turnover can be calculated using the formula:

[ text{Employee Turnover} = left( frac{text{Total Left in year}}{text{Total On 01st Jan + Joined in Calendar Year}} right) times 100 ]

Dear Prashant, your quick response is laudable. However, my humble request to you and others is not to respond with an answer but to guide people to search CiteHr to find answers that are already there. For example, this question arises repeatedly and has been covered adequately. Also, Paridutt has not specified what is required: annual turnover, monthly turnover, etc. Kindly refer to https://www.citehr.com/search.php?searchid=3340767 to appreciate my view.

Have a lovely day.

Regards,
Simhan

Dear Mr. Simhan,

When I joined the community (2 years back), I was not aware of the search function, so taking myself as a reference, I am replying to the post.

But thanks for the suggestion; I will take care.