Calculating Employee Turnover

Understanding employee turnover is an important metric for any business. Average rates vary across industries, and there are myriad factors at play, but having a way to calculate the rate at which staff leaves can shed light on potential issues – and help businesses of all kinds plan for the future. A particularly high rate, especially compare to others within the same industry, can also help direct focus toward creating advancement opportunities, examining pay scale, and take a deeper interest in employee wellbeing.

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