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How to analyse staff turnover data

Summary

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Establish exactly what information you want to get from the data.
To calculate the overall number of leavers use the wastage index.
Assess the resignation rate to determine what proportion of leavers are going voluntarily.
Focus on the stability rate to identify turnover hot spots.
Use the survival rate to measure staff loyalty.
Decide the best approach for investigating the causes of staff turnover.
Identify a way of benchmarking the organisation's turnover against that of similar organisations.