Human Resources
Turnover rate
Separations over the average headcount for the period.
The Formula
turnover rate = separations / average headcount
Separations over the average headcount for the period.
| Symbol | Meaning | Unit | Notes |
|---|---|---|---|
| turnover rate | Turnover | percent | The share of the average workforce that left, as a percentage. |
| separations | Leavers | people | The number who left during the period. |
| average headcount | Average size | people | The mean of the starting and ending headcount. |
What Each Symbol Means
turnover ratepercent
Turnover
The share of the average workforce that left, as a percentage.
separationspeople
Leavers
The number who left during the period.
average headcountpeople
Average size
The mean of the starting and ending headcount.
See It Worked With Real Numbers
A formula on its own does not tell you which number goes where. The how to calculate employee turnover page applies this equation to a concrete case, shows every intermediate step, and names the mistakes that produce a wrong answer even when the algebra is right.
Where This Formula Appears
This equation is the working core of How To Calculate Employee Turnover, filed under Business. Every number the guide produces comes from substituting into this one line.