
Employee Turnover Rate Calculator
How to Use the Employee Turnover Rate Calculator
The Employee Turnover Rate Calculator is a powerful tool designed to help businesses calculate the percentage of employees leaving the company over a specific period. This metric is critical for understanding employee retention and identifying potential issues. Follow these steps to use the calculator:
Step 1: Enter Number of Employees Who Left
- Input the total number of employees who left the company during the specified period in the “Number of Employees Who Left” field.
- For example:
- If 15 employees resigned or were terminated in the last quarter, enter
15
.
- If 15 employees resigned or were terminated in the last quarter, enter
Step 2: Enter Average Number of Employees
- Input the average number of employees during the same period in the “Average Number of Employees” field.
- To calculate the average:Average Number of Employees=2Number of Employees at Start+Number of Employees at End
- For example:
- If you started the quarter with 80 employees and ended with 90 employees, the average is
(80 + 90) / 2 = 85
. Enter85
.
- If you started the quarter with 80 employees and ended with 90 employees, the average is
Step 3: Calculate Turnover Rate
- Click the “Calculate Turnover Rate” button to generate the result.
- The calculator will display:
- Number of Employees Who Left : The total number of employees who exited.
- Average Number of Employees : The average workforce size during the period.
- Employee Turnover Rate : The percentage of employees who left.
- Feedback on whether the turnover rate is high, moderate, or low.
Understanding the Results
Turnover Rate : Indicates the percentage of employees leaving relative to the average workforce size.
Example:
- If 15 employees left and the average workforce size was 85:
- Turnover Rate :
(15 / 85) * 100 ≈ 17.65%
- Interpretation: A 17.65% turnover rate suggests moderate turnover and may require attention.
- Turnover Rate :
- If 15 employees left and the average workforce size was 85:
Feedback Based on Turnover Rate :
- High (>20%) : Indicates significant retention issues. Consider addressing workplace culture, compensation, or career growth opportunities.
- Moderate (10–20%) : Suggests some turnover but within acceptable limits. Monitor trends closely to prevent escalation.
- Low (<10%) : Indicates strong employee retention. Great job maintaining a stable workforce!