Hmmm… looks like we can help you refine those numbers for better results and profitability!
Get Started!Do you all know that it’s more costly to acquire new prospects than to retain existing ones! That’s why extending your CLV is essential to a healthy business model & overall business strategy… Don’t believe us? Here is an Ebook on 7 vital metrics every startup founder should know – you need to read if you want to increase profitability, retention and overall ecommerce success.
Download
1. Input Employees Who Left
Include both voluntary and involuntary exits.
2. Input Average Number of Employees
Use the average of your headcount during the selected period.
3. Click ‘Calculate’
Instantly see your employee turnover rate as a percentage.
Tip: Track this rate quarterly to spot rising attrition trends early.
The employee turnover rate is a key HR performance indicator that reveals the frequency at which employees leave your organization. A high turnover rate may impact morale, performance, and hiring costs, while a low rate often signals strong engagement and alignment.
Formula:
Turnover Rate = (Employees Who Left ÷ Average Employees) × 100
This metric supports HR planning, culture audits, and compensation reviews.
Industry | Average Annual Turnover Rate (%) |
Technology / SaaS | 13% – 25% |
Digital Marketing | 18% – 30% |
BPO / Customer Support | 25% – 40% |
Manufacturing | 12% – 20% |
Finance & Banking | 10% – 18% |
Note: Startups often see elevated turnover rates due to shifting roles and fast-paced scaling.
Scenario:
A company had 200 employees at the start of the year and 240 at the end. During the year, 50 employees left the company.
Step 1: Average Employees
(200 + 240) ÷ 2 = 220
Step 2: Turnover Rate
(50 ÷ 220) × 100 = 22.73%
Interpretation:
A turnover rate of ~23% may require deeper review if your industry average is lower.
Energize Your Strategy: Claim Your FREE Ultimate Digital Marketing Checklist! Explore exclusive tips, innovative hacks, and customized insights for YOUR business triumph. Secure your game-changing resource today!
SEO quizzes: Interactive tools for learning and testing search engine optimization knowledge. Enhance skills, stay updated, and boost website visibility.
Whether you’re an experienced SEO practitioner or a an unbeatable SEO expert, this Advance Technical SEO Quiz is a great way to assess your SEO knowledge. So, let’s get started and see how much you know! Good luck!
Are you ready to assess your website’s E-A-T (Expertise, Authoritativeness, Trustworthiness) performance? Take our E-A-T quiz to get an understanding of where your website stands in terms of these essential SEO metrics.
Answers to Frequently Asked Questions
Employees with strong onboarding are 69% more likely to stay for 3+ years.
Create internal mobility and learning paths to reduce attrition.
Frequent check-ins and feedback loops reduce disengagement.
Implement reward systems to boost morale and loyalty.
Ensure your offerings are aligned with market standards.
Use structured interviews to uncover the real reasons behind exits.
Build trust through listening mechanisms and responsive leadership.
Leverage data to identify high-risk roles or teams early.