The Dewx Turnover Rate Calculator helps you calculate employee turnover rates and estimate the cost of turnover based on separations and average headcount.
Employee Turnover Rate Calculator
Calculate turnover rates and estimate the cost of employee departures.
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FAQ
How do you calculate employee turnover rate?
Turnover rate = (Number of separations / Average number of employees) x 100. For monthly turnover, use monthly separations and average headcount. For annual, use the full year figures or multiply the monthly rate by 12.
What is a good turnover rate?
A healthy annual turnover rate is typically 10-15%. However, this varies by industry. Tech averages 13%, retail can exceed 60%, and healthcare is around 20%. Voluntary turnover under 10% is generally considered good.
How much does employee turnover cost?
The cost of replacing an employee is typically 50-200% of their annual salary. For a $60,000 employee, replacement costs $30,000-$120,000 when accounting for recruiting, training, lost productivity, and institutional knowledge loss.
What is the difference between turnover and attrition?
Turnover includes all employee departures (voluntary and involuntary) that are replaced. Attrition refers to positions that are not refilled after an employee leaves. High attrition reduces headcount over time.
How does Dewx help reduce turnover?
Dewx OPS Hub tracks engagement signals, identifies flight-risk employees with AI, automates stay interviews, and provides retention analytics so HR can intervene before talent walks out the door.
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Starting at $29/mo for solopreneurs. $79/mo for teams. All features included.
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Dewx tracks engagement, predicts flight risk, and helps HR teams retain top talent proactively.