Employee Turnover Rate Calculator
Employee Turnover Rate Calculator

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.
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:
  • For example:
    • If you started the quarter with 80 employees and ended with 90 employees, the average is (80 + 90) / 2 = 85. Enter 85.
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.
  • 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!
 
 
 

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