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
Why do employees leave? Departing workers probably told you it was "for more money.â But only 12% of employees actually leave their jobs in pursuit of higher pay, according to a Saratoga Institute study....Click here to find out more.