Understanding Employee Turnover: How Do You Calculate Your Company's Rate?

How to Calculate the Turnover Rate of Your Company

To calculate the turnover rate of your company, you can use the following formula:

Turnover Rate = (Number of employees who left during a period / Average number of employees during the same period) x 100

This formula will give you a percentage that represents the turnover rate of your company. By tracking this metric over time, you can gain insights into employee retention and make informed decisions to improve retention strategies.

If you need further assistance or clarification on calculating the turnover rate, feel free to ask.

Please find the attrition calculator attached with this email. It may be useful for you.

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