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
Mindy Mayo, an employment tax expert and frequent speaker on this topic, will explain which workers are entitled to travel time pay and at what rate. She will explain the tracking and paperwork necessary to compensate the traveling employee correctly....Click here to find out more.