How do I calculate retention and turnover? — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily
Question: "I am trying to calculate our employee retention and turnover rate. I
understand that these are two different things relating to: 1) how many
employees we have, and 2) how many employees we lose, keep and hire.
Does anyone have the equations for figuring out these two rates?"—Katie, Louisiana
You work so hard to make a favorable impression on job candidates. But what happens when they show up for work? How are you handling the employee's first hour, first day, first week and first months on the job?...Click here to find out more.