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Insights From Top Finance Performers: How to Level Up With Gen AI
2024 performance metrics: Generative artificial intelligence (Gen AI) is reshaping the finance function. Download our eBook to learn how investing…
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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%.