Attrition versus turnover: What’s the difference and why does it matter?
Insperity
JANUARY 21, 2021
For example, if you started the quarter with 100 people and ended it with 85, that quarter’s attrition rate is 15 percent. In our example above, we’ll say 20 employees left. In the case of our example, the formula looks like this: (100 + 85) / 2. Again, for our example, the formula looks like this: (20 / 92.5)
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