Turnover Calculator

SHRM/ANSI formula · Benchmark context · Retention rate · All client-side

Measurement Period & Inputs

Add new hires to unlock retention rate. The retention rate formula requires knowing how many employees joined during the period — without it, we can't separate employees who stayed from new arrivals. Turnover rate is always calculated regardless.
Turnover Rate
Annual
Avg employees
Retention rate
↓ Workforce shrank during this period. Retention reflects the proportion of original employees who stayed, not workforce size change.
annualized rate — . Direct comparison to BLS JOLTS annual benchmarks requires the annualized figure.
Benchmark Context — U.S. Annual Average
0% 10% 20% 30% 40%+
Industry norms vary significantly. Hospitality & retail: 60–74% · Healthcare: ~20–21% · Manufacturing: 10–30% · Technology: ~13%. This benchmark uses the U.S. average (~18% annually per BLS JOLTS). Industry-specific bands coming in v2.

The formulas used are the industry standards published by SHRM (Society for Human Resource Management) and endorsed by ANSI (American National Standards Institute). They are the same formulas used by the Bureau of Labor Statistics (BLS) for its Job Openings and Labor Turnover Survey (JOLTS).

Turnover rate uses average employees (beginning + ending ÷ 2) as the denominator rather than beginning headcount alone. This accounts for workforce size changes during the period — a company that grew significantly during the year should not report turnover against only its starting size.

Retention rate measures the proportion of original employees who remained through the entire period, excluding new hires who joined mid-period. It is not the inverse of turnover rate and the two will not sum to 100%.

Benchmarks are sourced from BLS JOLTS annual data and SHRM research. The U.S. average annual turnover rate is approximately 18% per BLS. All outputs are estimates — actual figures will vary based on how separations are defined within your organization.

SHRM: How to Determine Turnover Rate ↗
BLS: Job Openings & Labor Turnover Survey ↗

This tool produces estimates based on your inputs and published benchmarks. Actual costs and rates will vary. Not a substitute for a detailed HR audit or professional advice.

Coming soon — v2

See what this turnover actually cost you. The full cost-of-turnover model: separation, vacancy, and replacement costs against SHRM/Gallup benchmarks.