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Employee turnover calculation
Employee turnover calculation

How turnover is calculated in reports.

Daniels Korens avatar
Written by Daniels Korens
Updated over a week ago

Below is a description on what formula we use to calculate employee turnover in our "HR dashboard" overview.



Annual turnover

Last 365 days.

Formula:

Number of employees terminated during the last 365 days / (Number of active employees today + Number of active employees 365 days ago) * 2 * 100


Monthly turnover


Last 30 days.

Formula:

Same as the annual formula, but using the last 30 days:


Number of employees terminated during last 30 days / (Number of active employees today + Number of active employees 30 days ago) * 2 * 100


First year turnover

Last 365 days.

Formula:

Terminated employees who worked less than 365 days / Employees terminated within last 365 days * 100


Current Retention

This is calculated by taking the number of employees that were working for the company 12 months ago, subtracting the number of employees that have left in the last 12 months, dividing that figure by the number of employees employed 12 months ago, and multiplying by 100 to get a percentage.

OR

A = the number of employees working for the company 12 months ago, and

B = the number of employees that have left in the last 12 months, then

Current retention = 100 x (A - B) / A.

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