how to calculate average cost of turnover
How to Calculate Employee Turnover by Month. Letâs revisit an employee turnover calculation I explained in my previous blog: monthly turnover. This turnover calculation can be used to learn more when employees leave in their first year. To calculate monthly employee turnover rates, divide the number of employee separations in one month by the average number of active employees at the worksite during the same period. Weâll say we have one site of operations. For example, letâs say we lose four employees out of 200.