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%.