1/16/2024 0 Comments Staff turnover formula![]() As an example, although you should consider any employees out on maternity leave or disability, they should not be used in your formula for an employee turnover rate.įor example, in July, say you had two employees retire and two employees quit. To calculate employee turnover rate, you should review which employees were not working for the month and the reason for their absence. Turnover = (Employees who left ÷ Average number of employees) x 100 What’s an example of calculating employee turnover rate? You can then calculate your turnover with this simple formula: Dividing this figure by 2 will give you the average employee count. To calculate the average number of employees, you take the number of the employed at the beginning of the period and add it to the number of the employed at the end of the period.
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