The impact of understanding how to calculate employee turnover is one of the key issues addressed in a free guide available for instant download at HRwisdom.com.au now.
In the new “The HRwisdom Community Employee Attraction & Retention Guide,” sixteen expert employee management practitioners from all areas of the human resources field offer their best employee attraction & retention advice.
How to calculate employee turnover rate is a question sometimes asked by members of the HRwisdom community.
How to calculate employee turnover?
The employee turnover rate or staff turnover rate is simply a percentage of employee leavers versus the standard headcount over a given period of time.
How to calculate employee turnover: take the number of employees leaving, divide that by the average total number of employees, and then multiply the outcome by 100 (to give you a percentage).
The number of employees leaving and the total number of employees are usually measured over a year or sometimes month by month.
So, if on average your business or department had 190 employees last month and 43 employees left last month, you’re left trying to sort out an employee turnover rate of around 23%.
This is one of the issues addressed in the new free guide available for instant download on the HRwisdom free employee retention guide page now.
In the new “The HRwisdom Community Employee Attraction & Retention Guide,” sixteen expert employee management practitioners from all areas of the human resources field offer their best employee attraction & retention advice.
For instant download of the comprehensive free “HRwisdom Community Employee Attraction & Retention Guide,” click here now: Free HR Guide.
HRwisdom