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Calculating employee turnover rate
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Calculating employee turnover rate
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Need some clarification on calculating turnover. Turnover is typically calculated as follows: separations divided by number of employees during period.
My question: should the number of employees d
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Forums » Topic Forums » General Forum » Calculating employee turnover rate
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Calculating employee turnover rate
posted at 6/8/2010 3:39 PM EDT
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Posts: 42
First: 3/13/2007 Last: 6/8/2010 |
Need some clarification on calculating turnover. Turnover is typically calculated as follows: separations divided by number of employees during period.
My question: should the number of employees during the period reflect average employees or total peak employees during the period. Using both may result in different calculation. Example: 10 employees start of the period, 5 were added and 3 separated, with 12 employees end of period. 1st approach (average employees for period): 3/11 = 27% turnover 2nd approach (total peak employees during period): 3/15 = 20% turnover Which is the more correct approach? Other recommendations? |
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