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
Like death and taxes, change is one of the certainties of life. And in today's business world, changes seem to be occurring at a faster and faster pace. For that reason, every manager must know how to successfully guide employees through the change process....Click here to find out more.