Employee Turnover Rate Calculator
Calculate your turnover rate and the true cost of employee attrition.
Formula
Turnover Rate = (Leavers / Avg Headcount) × 100
Industry Benchmarks
| Technology | 13–18% |
| Finance | 18–25% |
| Healthcare | 22–30% |
| Retail | 40–60% |
| Hospitality | 70–80% |
FAQs
The average US annual turnover rate is ~47%. "Good" varies by industry: Hospitality 70–80% is common; technology 13–18% is average. Generally, below 10% is considered low. Voluntary turnover is more concerning than involuntary.
Replacing an employee costs 50–200% of their annual salary, depending on role seniority. This includes recruiting, training, lost productivity, and knowledge transfer costs.