Employee Turnover Rate
Calculate your organisation's employee turnover rate for any period and see an annualised figure alongside an estimated replacement cost.
Results
What is it?
Employee turnover rate measures the percentage of your workforce that leaves over a given period. It is one of the most watched HR metrics because high turnover signals disengagement, poor management, or uncompetitive pay — and directly drives up recruitment and onboarding costs. The industry benchmark varies widely: retail and hospitality see 50-70% annually, while professional services average 10-15%.
How to use
Enter the number of separations (voluntary resignations, terminations, retirements) that occurred during the measurement period, along with your headcount at the start and end of that period. Select whether the data covers a month, quarter, or year — the calculator will project the rate to an annual equivalent for easy benchmarking.
Example scenario
A 100-person company starts Q1 with 100 employees and ends with 95 after 5 separations. Average headcount is 97.5, so the quarterly turnover rate is 5.13%. Selecting Quarterly annualises this to 20.5% — above the 15% professional-services benchmark and a signal to investigate retention drivers.
Pro tip
Track voluntary versus involuntary turnover separately: voluntary (resignations) reflects satisfaction, while involuntary (terminations) reflects performance management. A healthy organisation typically wants low voluntary turnover and a modest, stable involuntary rate. Consider surveying departing employees within 30 days of their last day for the most candid exit feedback.