Staff / Personnel turnover
Definition
Number of employee departures (in FTE) divided by the average number of staff members (in FTE) employed.
Formula
(FTE departures) divided by (average number of FTE employed)
Use Case / Interpretation
High staff turnover may indicate loss of knowledge, and higher costs in recruitment to fill open positions.
Tags
Employee, staff, turnover, personnel, FTE
Metrics & KPIs