Reference M-205
What is this?
Turnover Ratio calculates turnover by division, department, manager and job role/function. Voluntary separation and involuntary separation are reported separately.
Why use it?
Turnover Ratios for different departments, divisions and managers can be compared internally to assess management effectiveness and overall organizational health.
Turnover Ratios for different job roles and functions can be compared to that of industry peers to assess the organization’s competitive position.
Required data:
- Employment Start Date Example: 3-72-2007
- Employment End Date Example: 7-24-2005
