The formula will look like this:
Number of resignations / average number of employees
Example:
The company has three quits and an average number of employees of 147,333 per month. Using the formula, we get:
3 / 147.333 = 0.0204
Step 5: Calculate your monthly turnover.
To better navigate the homeowner database indicators, they need to be evaluated as a percentage. Thus, the resulting number needs to be multiplied by one hundred.
Example based on the value from step 4 and multiplying by 100:
0.0204 x 100 = 2.04%
The resulting staff turnover figure for January was 2.04%.
Step 6: Employee turnover rate per year
Most organization managers want to know the level of employee turnover not only for a month, but also for a year. To determine the annual turnover rate, it is enough to simply sum up the data for each month.
For example, if in April an employer wants to calculate the indicators for the first three months of the year, the formula will be quite simple:
TC for January + TC for February + TC for March
In the same way, you can calculate turnover for the entire annual period:
TC for the year = TC for January + TC for February + TC for March + TC for April +... + TC for December
How to achieve multiple growth in traffic and sales from your website?
Alexey Boyarkin
Dmitry Svistunov
Head of SEO and Development
Read more posts on my personal blog:
I have always been concerned about the issue of moving to a fundamentally new level. So that the indicators would grow not by 2 or 3 times, but by several orders of magnitude. From a thousand visits to ten thousand or from ten thousand to a hundred thousand, if we are talking about a website, for example.
And I know that such leaps are always the result of painstaking work in five areas:
Technical condition of the site.
SEO.
Collection of site semantics.
Creating useful content.
Working on conversion.
And at the same time, every manager needs an increase in sales and the number of applications from the site at the moment.
To get this growth, download our step-by-step template for increasing sales from the site:
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