How To Calculate Turnover

Employee turnover is the rate at which employees leave and are replaced within an organization.

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Employee Turnover Rate Formula

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Voluntary Turnover vs Involuntary Turnover

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Types Of Employee Turnover Ratio

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Cost Management

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Business Performance

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Learn how to reduce turnover in HRM.

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How To Calculate Turnover

Employee turnover is the rate at which employees leave and are replaced within an organization.

What Is Employee Turnover?

Employee Turnover Rate Formula

Annual turnover rate % =

(number of employees who left / average number of employees) / 2 × 100

Voluntary Turnover vs Involuntary Turnover

Voluntary turnover is when employees leave by choice, while involuntary turnover occurs when the employer terminates the employee for reasons like performance or layoffs.

Types Of Employee Turnover Ratio

– Voluntary turnover

– Undesirable turnover

– Involuntary turnover

– Desirable turnover

Importance of Employee Turnover

Cost Management

Employee Morale

Business Performance

Workplace Culture

Learn how to reduce turnover in HRM.

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