| Definition | This KPI measures the percentage of employees who voluntarily terminate their employment within the HR function’s scope of redeploying and retiring employees. |
|---|---|
| Calculation | Number of voluntary terminations within the HR function’s scope of redeploying and retiring employees divided by the total number of employees within the business entity, multiplied by 100. |
| Unit of Measurement | percent |
| Function | Redeploy and retire employees – HR |
| Method of Estimation | Calculate the number of voluntary terminations and the total number of business entity employees within the HR function’s scope. Divide the former by the latter and multiply the result by 100. |
| Timeframe | Usually calculated on a yearly basis, but can also be tracked monthly, quarterly, or as per organizational requirements. |
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