Employee Turnover Calculator
Calculate employee turnover rate, retention rate, and the annual cost of turnover. Compare against industry benchmarks and analyze voluntary vs involuntary separations.
Turnover Rate
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Retention Rate —
Annualized Rate —
Extended More scenarios, charts & detailed breakdown ▾
Turnover Rate
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Retention Rate —
Annualized Rate —
Professional Full parameters & maximum detail ▾
Turnover Rates
Total Turnover Rate —
Voluntary Rate —
Involuntary Rate —
Retention Rate —
Cost of Turnover
Annual Turnover Cost ($) —
Cost Per Departure ($) —
How to Use This Calculator
- Enter the number of employees at the start of your measurement period.
- Enter the number of employees who left during the period.
- Select the period (monthly, quarterly, or annual).
- See turnover rate, retention rate, and annualized rate.
- Use the Benchmark tab to compare against your industry average.
- The Professional tier adds voluntary vs involuntary breakdown and annual turnover cost estimate.
Formula
Turnover Rate = (Employees Who Left ÷ Employees at Start) × 100
Retention Rate = 100% − Turnover Rate
Annual Cost = Annual Departures × Average Salary × Replacement Multiplier
Example
Example: 100 employees, 13 left in a year → 13% turnover, 87% retention. At avg salary $60,000 and 1× replacement cost → $780,000 annual turnover cost.
Frequently Asked Questions
- Turnover Rate (%) = (Number of Employees Who Left ÷ Number of Employees at Start of Period) × 100. For annual rate, use the full year's figures.
- It depends on the industry. Technology averages ~13%, finance ~12%, healthcare ~20%, retail ~60%, and hospitality ~73%. Generally, rates below 10% are excellent, 10–20% is acceptable, and above 20% signals retention issues.
- Industry estimates range from 0.5× annual salary (entry-level) to 2× annual salary (senior/specialist) per departure. This includes recruiting costs, training, lost productivity, and lost institutional knowledge.
- Voluntary turnover is when employees choose to leave (resignations). Involuntary is when the company ends employment (layoffs, terminations). Voluntary turnover is more concerning as it signals culture, compensation, or management issues.
- Multiply the monthly rate by 12. If 2% left in January, the annualized rate is 24%. Note: this assumes the monthly rate is consistent throughout the year.