Employee turnover: What you can learn

by on December 1, 2009 · 0 Comment POSTED IN: HR Cafe

Do you know your employee turnover rate? Better, what are you learning from looking at it?

Turnover rate is easy to figure. Take your number of employees at the start of a period – month, quarter, year – and divide it into the number of employees who left during the period. You’ll get a percentage you can compare with previous periods, or with competitors.

But you can learn even more by refining the kind of turnover you calculate. For instance, calculate voluntary turnover by including only employees who left on their own, as opposed to those laid off or fired.

Check out the Human Resources Rapid Learning Center FREE for 30 days. Get instant access to a collection of 6- to 10-minute modules perfect for training supervisors and managers throughout your organization.

Or you can dig deeper and calculate the turnover of specific groups – protected classes, high-potential employees, those with specific skills, those working under certain supervisors, etc. The more you dig, the more useful data you get.

photo credit: marlon.net

Click to View Comments

Leave a Reply


Request a Free Demo

We'd love to show you how this industry-leading training system can help you develop your team. Please fill out this quick form or give us a call at 877-792-2172 to schedule your one-on-one demo with a Rapid Learning Specialist.