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Staff / Personnel turnover

VRM Human ResourcesRangePercentage

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