What is Employee Turnover Calculator
An employee turnover calculator is used to find out what the employee turnover rate of an organization is. It divides the number of people who have left company by the average number of staff in the same period. This is multiplied by 100 to offer a percentage. For example, if you have had on average, 2,000 staff in the past year and 100 have left. An employee turnover calculator would figure out that 100/2,000×100 = 5%.
This data is crucial for finding out whether turnover is an issue for your company. If this percentage is high, it will be time to look into why that is. Figuring out that you have an issue is the first step, and then you can work to address it.