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What is the turnover rate if i had 102 employees at begining of month and 98 at end of month

User Shuvojit
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1 Answer

3 votes

Answer:

4 %

Step-by-step explanation:

Employee turnover can be described as the number or percentage of workers who leave an organization and have to be replaced.

The formula for calculating employee turnover is as follows.

Employee turnover =total number of employee that left/average number of employee per period x 100

In this case: Employee that left: 102-98=4

Employee rate = 4/102 x 100

=0.039 x100

=0.04 X100

= 4 %

User Nawaz
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