Attrition Rate Calculator

Turnover Rate Calculator

How can you determine your employee turnover rate correctly? Our free employee turnover rate calculator helps you measure staff attrition rate at your company by calculating the percentage of employees who leave your organisation. Use our tool to specify your turnover annually, quarterly, or monthly to identify trends and develop effective retention strategies.

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Input the number of employees at the start and end of the period

Input the average number of employees during the period

Turnover Rate Calculator Results

Annual Turnover Rate

0.0%

Industry Comparison

Note: Industry averages vary significantly. Hospitality, retail, and technology typically have higher turnover rates, while government, construction, and manufacturing tend to have lower rates.

Calculation Formula

Formula: Employees Left ÷ ((Start + End) ÷ 2) × 100
Calculation: 7 ÷ ((100 + 95) ÷ 2) × 100 = 7 ÷ 0.0 × 100 = 0.0%
Method: Start and end calculations (commonly used for annual/quarterly periods)

Step-by-Step Guide

How to calculate employee turnover rate?

Calculate your organisation's employee turnover rate and get actionable insights in 4 simple steps:

Choose Your Calculation Method

Select either the 'Start and End Calculations' method, which means you enter the number of employees at the beginning and end of a period, or 'Average Employees Calculations', which is the average number of employees during this specific period.

Select Time Period

Choose your 'Time Period', which annual is commonly used for benchmarking, quarterly for tracking trends, and monthly for detailed insights.

Enter Your Data

Enter the number of your employee for your selected period. Include all employees who are on payroll and those on temporary leave. But, exclude agency temporary workers and internal transfers.

Analyse Results

Review your turnover rate, industry comparison, and recommended actions to improve employee retention strategies. Feel free to check our calculation formula as well.

Employee Turnover Rate Calculator Image

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Frequently asked questions

Visit our full FAQ page or get in touch with Frederic, Co-Founder of PayrollRabbit.

What is employee turnover?

Simply speaking, employee turnover is the number of employees who leave a specific employer over a specific time. These leaves can be voluntary (ex., resignations or retirement), or involuntary (ex., terminations or layoffs).

What is an employee turnover rate calculator?

Our employee turnover rate calculator is a free tool to help you measure your company's attrition rate. With our tool, you can calculate the percentage of employees who leave during a specific period.

How to calculate employee turnover rate?

With our tool, you can use two different formulas to calculate turnover: 1. '(Employees Left ÷ Average Employees) × 100', or 2. '(Employees Left ÷ ((Start + End Employees) ÷ 2)) × 100'. Our calculator excludes internal transfers, promotions, and employees on temporary leave.

What is considered a good employee turnover rate?

It depends. Employee turnover varies by industry, but generally speaking, turnover rates of up to 5% are considered excellent, 5 to 10% are considered good, 10 to 15% are moderate, and 15 to 25% require attention and action from the management team. Anything above 25% requires immediate action and analysis to improve retention again. The average turnover in the US across industries is 10 to 11%. Service and IT industry have higher rates (12 to 13%), while government and manufacturing have lower rates (8 to 9%).

Which employee should be considered for this calculator?

Include all employees who are on your payroll and those on temporary layoff, leave of absence, or furlough. Also, for employees who left, include voluntary resignations, dismissals, layoffs, and retirements. Exclude internal transfers, promotions, temporary workers, employees on temporary layoff, furlough, or leave of absence. Note: Some organisations exclude retirements when measuring turnover rate.

Why is tracking employee turnover rate important?

Employee turnover is a valuable indicator of the health of an organisation. It helps to identify retention issues early, measures the effectiveness of HR policies, estimates recruitment and training costs, and compares performance against industry benchmarks. High turnover can indicate a significant symptom of underlying company problems, such as company culture, compensation, management, or career development opportunities.

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Disclaimer: We have taken great care and gave our best effort to ensure the accuracy of the information provided by this Employee Turnover Rate Calculator. However, PayrollRabbit does not accept responsibility for any errors or omissions and makes no guarantees or warranties regarding the correctness of the results generated by this free tool. By using this tool, you agree not to hold PayrollRabbit liable for any consequences, issues, or damages arising from any inaccuracies in the results produced. We recommend double-checking all results and contact us if you have any questions, feedback or concerns.