Employee Turnover Rate: Percentage of employees who left in a period.
Formula
Turnover Rate = Employees departed / Average headcount × 100Benchmarks
- Below 10%: Excellent retention
- 10-15%: Good
- 13-20%: Average for tech (tech runs higher than other industries)
- 20-25%: High for tech, investigate
- Above 25%: Critical
GASP Standard v1 · Last updated