HR Metrics
Track, measure and improve your people performance with the most important HR metrics and formulas used by organizations.
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HR Metrics List
01
Employee Turnover Rate
Measures the percentage of employees who leave the organization during a specific period.
Formula
Employee Turnover Rate = ( Number of Employee Exits / Average Number of Employees ) x 100
Example
If 12 employees left during the year and the average number of employees is 120. ( 12 / 120 ) x 100 = 10%
Turnover Rate = 10%
How to Interpret
A lower turnover rate indicates better employee satisfaction and retention. Compare this metric over time and with industry benchmarks.
Tip: High turnover may indicate issues in engagement, compensation, management or work environment.
Industry Benchmark
Good:< 10%
Average:10% - 20%
High:> 20%
Why It Matters
Helps in understanding employee stability, recruitment planning and retention effectiveness.
Related Metrics
Attrition RateRetention RateEmployee Engagement ScoreAbsenteeism Rate
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