How to Calculate Employee Turnover | business.com


Want to track your employee retention? Learn how to calculate your company’s staff turnover rate.

You can calculate your employee turnover rate by looking at the average number of workers who exit your business during a specific time period and are replaced by new staff.

Your business should monitor and track its employee turnover to gauge how appealing your company is to employees. It can also help you improve areas that may be causing workers to leave your company.

Your employee turnover rate helps you evaluate your risk of an employee leaving and recognize opportunities for retention when you hire new employees.

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