Turnover rate

dlail · August 2006

What is considered a reasonable turnover rate for manufacturing industry. We're a retail mail order company that manufactures our own product, but the turnover occurs primarily in the mfg side.

Thnx,
DSL

LarryC · August 2006

I like to see a total turnover of about 15% and a quit turnover under 5%. Our local Employer's Association survey shows an average of 22% and 10%.

dlail · August 2006

Thnx, then I'm OK w/ 7.41%

LarryC · August 2006

If that is your total turnover, it's pretty good. However, it is good to have SOME turnover.

CLSmith · August 2006

I'm new at this! How do you figure your companies "turnover rate"?

Thanks,

clsmith

dlail · August 2006

Here is the formula I use; you can run it for all separations or resignations separately from terminations.

# separations in 12 mos x 100
______________________________
Average # of employees

CLSmith · August 2006

Thanks for your help dlail!

Turnover rate

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