## Annualized turnover

It’s one way of predicting how will the employee turnover rate will look like at the end of the year based on the turnover rate that happened so far.

Calculation steps:

1. choose a time frame
2. calculate the employee turnover rate for the chosen time frame
3. calculate the number of months within the chosen time frame
4. apply the annualized turnover formula

﻿

Example:

Time frame: 1st of January to 31st of March

Turnover rate for time frame: 15%

Months within the chosen time frame: 3 months (Jan, Feb, March)

Annualized turnover = 15% x (12/3) = 15% x 4 = 60%

This metric goes on the assumption that all variables will stay the same during the next months.

##### This content can only be accessed by members with a subscription

Or pick the package that suits you best:

## Member

• More than 40 HR KPI’s explained
• A learning hub that grows
• One account

• 3 months of full access if you subscribe until 31st of May
Free

3 months of full access if you subscribe until 31st of May

## Professional

• More than 200 HR KPI’s explained