Processing math: 100%

Annualized Turnover Calculator

Formula

To calculate the Annualized Turnover Rate:

$ATR = \left(\frac{E}{L \times M}\right) \times 1200$

Where:

$ATR$ is the annualized turnover rate (%)
$E$ is the average number of people employed during the time period
$L$ is the number of employees that left during the time period
$M$ is the total number of months of the period

Annualized Turnover Definition

An annualized turnover is defined as the rate or percentage of employees that leave a company over a year with respect to the total number of employees. For example, if there is a company with 10 employees on average, and 5 people left over a year, the turnover rate is 50%. (5/10 * 100 = 50)

Example Calculation 1

Let's assume the following values:

Average Number of Employees (E) = 100
Number of Employees That Left (L) = 10
Total Number of Months (M) = 12

Step 1: Use the formula:

$ATR = \left(\frac{10}{100 \times 12}\right) \times 1200 = 10$

Step 2: Display the result:

The annualized turnover rate (ATR) is 10.00%.

Example Calculation 2

Let's assume the following values:

Average Number of Employees (E) = 200
Number of Employees That Left (L) = 20
Total Number of Months (M) = 6

Step 1: Use the formula:

$ATR = \left(\frac{20}{200 \times 6}\right) \times 1200 = 20$

Step 2: Display the result:

The annualized turnover rate (ATR) is 20.00%.