Staff turnover
On its surface, employee turnover may look like attrition since it occurs when an employee leaves his or her job. But in this case, the vacancy must be filled. A company’s turnover rate can be determined by dividing the number of departing employees by all the employees for a specified period. For example, calculating the turnover rate for a year might look like this: two employees departing divided by 10 total employees equals 0.2. That gives a turnover rate of 20%.
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