1. #1
    Unregistered

    Can anybody tell me how to calculate Staff turnover ratio?

    There are lots of turnover happening in our company because of various reason. Some of the facilities provided by this company to the staff are not satisfying. I have been informing this to my manager about this, but itís of no use. Higher up has told us to calculate the staff turnover ratio and also find out the reason for the same. Can anybody tell me how to calculate staff turnover ratio?

  2. #2
    Ashok Array
    Join Date
    Jul 2012
    Posts
    2,293

    Re: Can anybody tell me how to calculate Staff turnover ratio?

    Hello friend...

    There is basically two ways of calculating Staff Turnover ratio.

    1.Employee turnover by month.


    For example, letís say we lose four employees out of 200.

    .
    2. Employee turnover rate within the first year



    Now to pull numbers into our formula for first year employee turnover:

    Hope you found the way to calculate the staff turnover ratio.

    Thanks.


  3. #3
    looser Array
    Join Date
    Jul 2012
    Posts
    619

    Re: Can anybody tell me how to calculate Staff turnover ratio?

    Hi friend,

    The following is the way to calculate the staff turnover ratio:-

    My dear friend employee turnover ration and staff turnover ration are one other the same.

    Here is the formula.

    monthly turnover rate= NUMBER OF SEPERATIONS DURING THE MONTH/AVERAGE NUMBER OF EMPLOYEES DURING THE MONTH*100.

    For example, let us say if we lose 4 employees out of 200.


    m=4/200*100

    m=2% is the monthly staff turnover rate or ration.


    All the best

    THanking you

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