# How to Calculate Company Turnover?

To calculate the company turnover, first add together the number of people, who were fired, quit, retired or left the company during the previous year then calculate the average number of employees the company had during the year, i.e. if at the beginning of the year the company had about 450 employees and at the end of the year the company had 470 employees, then the average number of employees for the year was 460 employees and finally divide the number of people leaving the company by the average number of employees for example , 12 divided by 460 equals a company turnover rate of 2.6 percent.
How to Calculate Company Turnover
Company turnover is the amount of employees leaving an organization either by quitting, retiring or being fired. A company's turnover helps show how efficient a company is at keeping and developing employees. A low turnover shows the company prefers to... More »
Difficulty: Moderately Easy
Source: www.ehow.com
Q&A Related to "How to Calculate Company Turnover"
 1. Add together the number of people who were fired, quit, retired or left the company during the previous year. For example, since the beginning of the year, 12 people left the company http://www.ehow.com/how_6390121_calculate-company-...
 To calculate employee turnover, find out the total number of employees that have left or been terminated over a 12 month period. Then find the total number of employees for that same http://answers.ask.com/Business/Finance/how_to_cal...
 Determine the average level of the asset present during the time period. For example, to calculate inventory turnover, you first find the average dollar value of inventory on hand http://www.ask.com/question/how-to-calculate-turno...
 1 Know why calculating turnover is important. Turnover leads to additional costs, including time spent recruiting, interviewing and training. Costs take away from profitability. Ad http://www.wikihow.com/Calculate-Turnover
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