Definition | The percentage rate at which an organization’s employees leave during a given period of time. |
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Calculation | Number of employees who left the organization during a given time period divided by the average number of employees during the same period multiplied by 100. |
Unit of Measurement | Percentage |
Function | Core HR |
Method of Estimation | Data is collected from HR records at the end of the specified time period. |
Timeframe | Monthly, quarterly, bi-annually, annually, or as needed. |
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