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ForUsAll
forusall.com โ€บ 401k-blog โ€บ calculate-employee-turnover-and-retention
How To Calculate Employee Turnover and Retention Rates - 5 Useful Formulas | ForUsAll Blog
July 2, 2018 - Retention equals** number of employees who stayed for the whole time period*** divided by the number of employees you had at the start of the time period. We then **multiply the result by 100 to get our retention rate. ** ... *You can also cut the โ€˜multiply by 100โ€™ part of the retention ...
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Lepaya
lepaya.com โ€บ blog โ€บ how-to-calculate-employee-retention-rate
What is an Employee Retention Rate and How to Calculate It
January 17, 2023 - The employee retention rate calculation ... itโ€™s the number of individual employees who remained employed throughout the whole measurement period divided by the number of employees at the beginning of the measurement period x 100...
People also ask

What is the basic formula for calculating employee turnover rate in Excel?
The basic formula is (Number of Employees who left/Average Number of Employees) x 100. In Excel, set up columns for month, starting balance, new employees, departing employees, ending balance, and turnover. The average number of employees is calculated as (Number of Employees at Beginning + Number of Employees at End)/2.
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sourcetable.com
sourcetable.com โ€บ how-to-excel โ€บ how-to-calculate-employee-turnover-rate-in-excel
How To Calculate Employee Turnover Rate In Excel
How do I set up an Excel spreadsheet to track employee turnover?
Create six columns: month, starting balance, number of new employees, number of departing employees, ending balance, and turnover. List months chronologically, input values for starting balance, new employees, and departed employees. Calculate ending balance using (starting balance + new employees) - departed employees.
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sourcetable.com
sourcetable.com โ€บ how-to-excel โ€บ how-to-calculate-employee-turnover-rate-in-excel
How To Calculate Employee Turnover Rate In Excel
How do I calculate monthly turnover rates in Excel?
Use the formula (Number of Exits/Average Number of Employees) x 100. In Excel terms, this is D1/(B1+E1) where D1 is departing employees, B1 is starting balance, and E1 is ending balance. Copy and paste this formula for other months and convert to percentages using the percentage icon.
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sourcetable.com
sourcetable.com โ€บ how-to-excel โ€บ how-to-calculate-employee-turnover-rate-in-excel
How To Calculate Employee Turnover Rate In Excel
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Reddit
reddit.com โ€บ r/humanresources โ€บ employee retention rate calculation
r/humanresources on Reddit: Employee Retention Rate Calculation
June 21, 2023 -

Hello, wondering if someone more experienced in HR Analytics could help me clarify a formula for calculating employee retention rates?

I'd also like to clarify:

  • I am seeing contradicting information online from new hires should be counted to no, new hires should not be counted - what is the right way to measure this?

  • Can employee retention rates be over 100%?

Thanks!

Top answer
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Analytics Manager - HR here. Yes, there is a lot of contradictory information out - it is not you. This leads to one of my biggest frustrations with leaders who pull random shit and try to use it as a benchmark :) You will often times see retention rate mixed up with turnover, often because HR departments like the sound of retention and see it as a positive - so a lot of the retention rates you see are weird inverse but not quite accurate turnover statistics. So what is retention? Basic premise: On january 1, 2022, you had 100 employees. Today, OF THOSE ORIGINAL 100, you have 80. Your YTD retention is therefore 80/100. Unlike turnover, you do not factor anyone that joined during that period of time. As an equation: Retention = Number of employees active at the end of your period that were also employed at the start of the period/Number of employees at the start of the period. So the max retention rate is 100%. Another piece to note is that we are talking about headcount, not FTE (another common mistake). So what is this about a period? Retention can be calculated for any period you want really, don't know why you would want to, but you could technically calculate a 1 day retention or a 50 year retention. So using the above formula, you just plug your end and start dates. First year retention/new hire retention. This is a common one. First year retention looks only at those employees with less than one year from the hire date. So basically just filter your population, same formula/concept. To clearly answer this: I am seeing contradicting information online from new hires should be counted to no, new hires should not be counted - what is the right way to measure this? If your start period is Jan 1, 2022 and end period is Dec 31, 2022, no one hired starting on or after Jan 2, 2022 is counted. Anyone including hires in their formula is doing some weird turnover hybrid. Turnover is calculated by: Number of terminations/(avg of headcount in the period) Which means that if you started with 100, hired 10, no one termed, your denominator would be 105, so new hired would count. Here is how you get over 100% You start with 100, hire 200, but 250 people leave. Your calculation becomes: 250 terms/(100 starting - 50 ending) = 250/50 or 500% turnover. Assuming all 50 of the ending were also part of your starting group, your retention would be 50%. If only 25 of those 50 were part of the original 100, then your retention would be 25%
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Indzara Support
support.indzara.com โ€บ support โ€บ solutions โ€บ articles โ€บ 62000152528-employee-retention-dashboard-excel-step-by-step-user-guide
Employee Retention Dashboard (Excel) - User Guide : Indzara Support
March 20, 2023 - Number of active Employees during the period) * 100 ยท Retention Rate: (Number of Exits from Employees active at the Beginning of the period /Number of Employees active at the beginning of the period) * 100
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Drlogy
drlogy.com โ€บ home โ€บ calculator โ€บ faqs โ€บ how do i calculate retention rate in excel?
How do I calculate retention rate in Excel? | Drlogy
September 29, 2025 - Monitoring turnover, conducting ... retention. The formula for turnover rate is: Turnover Rate = ((Number of Employees Who Left / Average Number of Employees) * 100)....
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ExcelDataPro
exceldatapro.com โ€บ home โ€บ excel templates โ€บ hr metrics templates โ€บ download employee retention rate calculator excel template
Download Employee Retention Rate Calculator Excel Template - ExcelDataPro
September 24, 2020 - Applying the retention Formula, 80 / 86 X 100 = 93.02 % Retention Rate ยท Now to calculate the Attrition Rate, 86 โ€“ 80 = 6 / 86 X 100 = 6.98 % Attrition Rate ยท You can use our ready template to calculate the attrition rate.
Find elsewhere
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Microsoft Fabric Community
community.fabric.microsoft.com โ€บ t5 โ€บ Desktop โ€บ How-To-Calculate-Annual-Retention-Rate-Month-Over-Month โ€บ m-p โ€บ 3813918
Solved: How To Calculate Annual Retention Rate Month-Over-... - Microsoft Fabric Community
April 8, 2024 - The goal: to calculate an annual retention rate trending month-over-month. Retention Calculation: (Headcount at end of reporting period) / (Headcount at beginning of reporting period); New Hires are NOT counted in this calculation.
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Sourcetable
sourcetable.com โ€บ how-to-excel โ€บ how-to-calculate-employee-turnover-rate-in-excel
How To Calculate Employee Turnover Rate In Excel
Use the formula: (Number of Separations / Average Number of Employees) * 100. Calculate the average number of employees by adding the headcount at the start and end of the period, then dividing by two.
Published ย  October 30, 2024
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Quora
quora.com โ€บ How-can-you-calculate-a-retention-rate-in-Excel
How to calculate a retention rate in Excel - Quora
Answer: Using the Jeff Haden formula: Customer Retention Rate = ((CE-CN)/CS)) X 100 CE = number of customers at end of period CN = number of new customers acquired during period CS = number of customers at start of period
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The Bricks
thebricks.com โ€บ resources โ€บ guide-how-to-calculate-retention-rate-in-excel
How to Calculate Retention Rate in Excel
February 12, 2025 - Retention Rate = ((Number of customers at the end of the period - Number of new customers during the period) / Number of customers at the start of the period) * 100 ยท Now, letโ€™s see how we can bring this formula to life in Excel.
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Built In
builtin.com โ€บ recruiting โ€บ employee-retention-rate
Employee Retention Rate: What It Is and How to Calculate It | Built In
October 30, 2025 - Retention rate is calculated by dividing the number of employees on the last day of a given time period by the number of employees on the first day. The formula is:
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Lattice
lattice.com โ€บ articles โ€บ how-to-calculate-employee-retention-rate
How to Calculate Employee Retention Rate | Article | Lattice
August 15, 2025 - Then, multiply that number by 100 to get your employee retention rate. This is expressed as a formula below.
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Process.st
process.st โ€บ home โ€บ how to โ€บ how to calculate customer retention rate in excel
How to Calculate Customer Retention Rate in Excel
December 12, 2023 - Customer retention rate is a crucial metric for businesses to measure their success in retaining customers. With the use of Excel, this calculation can be done efficiently and accurately. In this section, we will guide you through the step-by-step process of calculating customer retention rate in Excel.
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LinkedIn
linkedin.com โ€บ all โ€บ hr metrics
How do you create a retention dashboard in Excel to visualize your HR metrics?
June 6, 2023 - Retention rate = (Number of employees ... of employees at start of period ยท You can use this formula to calculate your retention rate for each cohort and time period in your data worksheet. You can also calculate your turnover rate, which is the opposite of retention rate, by subtracting it from 100%. ... When visualizing HR metrics in Excel: Right ...
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Wall Street Prep
wallstreetprep.com โ€บ home โ€บ retention rate
Retention Rate | Formula + Calculator
September 18, 2024 - The retention rate formula subtracts the number of new customers from the number of ending customers, which is then divided by the number of beginning customers.
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Zendesk
zendesk.com โ€บ blog โ€บ calculate-customer-retention-rate
Customer retention rate + formula: A guide for 2025
August 11, 2025 - Say a company has 100 customers at the start of the period (S), ends the period with 100 customers (E), and adds 10 customers over the period (N). The organization has a customer retention rate of 90 percent: [(100-10)รท100] x 100 = 90%. By ...
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Leapsome
leapsome.com โ€บ blog โ€บ 10 key employee retention metrics to track
10 Employee Retention Metrics HR Should be Tracking
November 5, 2025 - To calculate retention rate per category, follow this formula: Employee retention rate per category = (Total number of employees in category - Number of employees who left in category) รท Total number of employees in category
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HRMorning
hrmorning.com โ€บ articles โ€บ calculate-employee-retention-rate
Employee Retention Rate: An Easy Formula To Calculate It
September 17, 2025 - The basic formula for calculating employee retention is the number of individual employees who remained employed โ€“ letโ€™s say 36 โ€“ for the entirety of the specified period โ€“ letโ€™s say 12 months โ€“ divided by the number of employees ...