{"id":3904,"date":"2020-02-12T19:42:02","date_gmt":"2020-02-12T19:42:02","guid":{"rendered":"http:\/\/www.big5assessments.com\/blog\/?p=3904"},"modified":"2022-04-25T11:29:31","modified_gmt":"2022-04-25T10:29:31","slug":"how-is-employee-turnover-calculated","status":"publish","type":"post","link":"http:\/\/www.big5assessments.com\/blog\/employee-turnover\/how-is-employee-turnover-calculated\/","title":{"rendered":"How is Employee Turnover Calculated?"},"content":{"rendered":"\n<p>Fear not, calculating employee turnover is not as difficult\nas it might sound. There are plenty of tools out there to support you in this\ntask. Calculating employee turnover is the first step to learning whether a\ncompany is running as it should. Most employee turnover is due to bad hiring\ndecisions, and therefore if you know your rates of employee turnover are high,\nyou can take a look at what is causing it and rectify the issues.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"alignright is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.big5assessments.com\/blog\/wp-content\/uploads\/2020\/02\/AAT-Calculator.png\" alt=\"\" class=\"wp-image-3905\" width=\"317\" height=\"265\" srcset=\"http:\/\/www.big5assessments.com\/blog\/wp-content\/uploads\/2020\/02\/AAT-Calculator.png 940w, http:\/\/www.big5assessments.com\/blog\/wp-content\/uploads\/2020\/02\/AAT-Calculator-300x251.png 300w, http:\/\/www.big5assessments.com\/blog\/wp-content\/uploads\/2020\/02\/AAT-Calculator-768x644.png 768w\" sizes=\"(max-width: 317px) 100vw, 317px\" \/><\/figure><\/div>\n\n\n\n<p><strong>The Maths<\/strong><\/p>\n\n\n\n<p><br>\nSimply speaking, the equation to work out your employee turnover figure is\nas follows:<\/p>\n\n\n\n<p>Number leavers over given period x 100)\/Average total number\nemployed over given period.<\/p>\n\n\n\n<p>However, there are sites that will do all the maths for you.\nCheck out, <a href=\"http:\/\/www.big5assessments.com\/calculator\/employeeturnover.html\">Big 5 Assessments\n&#8211; Turnover Calculator<\/a>, if you need a little extra help or more information. <\/p>\n\n\n\n<p>When you\nare working out your turnover figures, it can be useful to take some further\nvariables into account. For example, what percentage of leavers resigned, what\npercentage came from a certain department, or any other variable you wish to\nlook at in further detail. <\/p>\n\n\n\n<p><strong>Use the Maths\u2026<\/strong><\/p>\n\n\n\n<p>Calculating\nthe employee turnover of your company is all well and good, but it is important\nthat you do something with this figure. There is no point working out turnover\nrates to do nothing with them. The information gleaned from calculating\nturnover can be used in so many different ways to support the improvement of\nyour company. Whether it be looking at your recruitment process, or a certain\ndepartment, or your onboarding processes. The information is so valuable and\nwhen used correctly, can really help your company development.<\/p>\n\n\n\n<p><strong>Summary<\/strong><\/p>\n\n\n\n<p>Whether\nyou choose to use an online calculator, or do the maths for yourself, the\ninformation gained as a result of working out your employee turnover rates can\nbe so incredibly valuable for a company. Just remember to make sure that you do\nsomething with the information gained. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fear not, calculating employee turnover is not as difficult as it might sound. There are plenty of tools out there to support you in this task. Calculating employee turnover is the first step to learning whether a company is running as it should. Most employee turnover is due to bad hiring decisions, and therefore if [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-3904","post","type-post","status-publish","format-standard","hentry","category-employee-turnover"],"_links":{"self":[{"href":"http:\/\/www.big5assessments.com\/blog\/wp-json\/wp\/v2\/posts\/3904"}],"collection":[{"href":"http:\/\/www.big5assessments.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.big5assessments.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.big5assessments.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.big5assessments.com\/blog\/wp-json\/wp\/v2\/comments?post=3904"}],"version-history":[{"count":2,"href":"http:\/\/www.big5assessments.com\/blog\/wp-json\/wp\/v2\/posts\/3904\/revisions"}],"predecessor-version":[{"id":3923,"href":"http:\/\/www.big5assessments.com\/blog\/wp-json\/wp\/v2\/posts\/3904\/revisions\/3923"}],"wp:attachment":[{"href":"http:\/\/www.big5assessments.com\/blog\/wp-json\/wp\/v2\/media?parent=3904"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.big5assessments.com\/blog\/wp-json\/wp\/v2\/categories?post=3904"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.big5assessments.com\/blog\/wp-json\/wp\/v2\/tags?post=3904"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}