Enter the answer as a numeric value.

Formula to Calculate Annual Turnover Rate:

Turnover Rate=(Number of Employees Who LeftAverage Number of Employees)×100\text{Turnover Rate} = \left( \frac{\text{Number of Employees Who Left}}{\text{Average Number of Employees}} \right) \times 100Turnover Rate=(Average Number of EmployeesNumber of Employees Who Left​)×100

Applying the Values:

Number of employees who left: 8

Average number of employees: 50

Turnover Rate=(850)×100=16%\text{Turnover Rate} = \left( \frac{8}{50} \right) \times 100 = 16\%Turnover Rate=(508​)×100=16%

Final Answer:

16%

International HR References:

SHRM Turnover Metrics Guidelines: Provides standardized formulas for turnover calculations.

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