Employee Turnover Calculator

Turnover Rate = (Number of Separations ÷ Average Number of Employees) × 100. Average employees is typically (headcount at start of period + headcount at end of period) ÷ 2.

Any employee departure during the period — voluntary resignations, terminations, retirements, and layoffs. Some organizations track voluntary and involuntary turnover separately for more detailed analysis.

It varies significantly by industry — retail and hospitality often see annual turnover well above 40-60%, while more stable industries (government, utilities) often see single digits. Compare your rate to your specific industry's benchmark rather than a general rule of thumb.

Either works — just make sure your separations count and average headcount cover the same period. Monthly rates are often annualized (multiplied by 12) for an apples-to-apples comparison with annual industry benchmarks.