Turnover rate is calculated as the percentage of employees who leave an organization over a specific period. To find the number of separations, we use the formula:
Number of separations = Total employees × (Turnover rate ÷ 100).
Given: Total employees = 360, Turnover rate = 5%.
Number of separations = 360 × (5 ÷ 100) = 360 × 0.05 = 18.
Thus, a 5% turnover rate for 360 employees results in 18 separations in the year. This calculation aligns with HR metrics commonly covered in aPHRi, which emphasizes understanding turnover and its impact on workforce planning.
[Reference: aPHRi knowledge domain – HR Operations: Calculating turnover rates and understanding their implications., , ]
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