Definition The percentage rate at which an organization’s employees leave during a given period of time.
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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