If you’re looking at your employee turnover rate with a bit of concern, take the time to step back, and ask yourself these questions. Not all employee turnover is bad, and in fact, in certain circumstances, it can actually be a good thing. So, you’ve got an employee turnover rate number, and you’ve compared how you fit with other industries, but what does it all actually mean? What Does Your Employee Turnover Rate Mean? The Difficult Questions to Ask It’s essential to include your start and end of year employee numbers to take into account any company growth or shrinkage! If you are growing fast, check out our Hiring at Scale article to ensure your recruitment team stays ahead of the curve. If you’ve started the year with 100 people, ended it with 90, and saw 20 people leave your business in that time, your turnover rate will look like this: With that data to hand, you can plug it into the formula below.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |