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How to Calculate Employee Turnover. The basic formula for calculating employee turnover is: Step 1: Find your average number of employees. ((# of employees beginning of year) + (# of employees end of the year))/2 = average # employees. Step 2: Find the turnover rate. (the # of employees who left your company) / (Step 1âs answer) = turnover rate
The formula for turnover is the number of staff that leave divided by the average number of staff. numbers in the table below, the turnover rate would be calculated by dividing 54 (the number of departing staff) divided by the average number of staff positions (81.5), resulting in an annual turnover rate of 66 percent.