Operations & Retention
Employee Turnover Rate
The talent cost no one wants to measure.
Calculate annual employee turnover and voluntary turnover rates. Industry average is ~18%; under 10% is excellent.
Inputs
Adjust to model your scenario
18
14
120
Annual turnover rate
15.0%
Voluntary turnover
11.7%
Involuntary turnover
3.3%
Formula
Turnover = Separations ÷ Average Headcount × 100
Benchmarks
< 10%Excellent — strong retention
10–15%Healthy
15–25%Industry average
> 25%High — diagnose causes
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