On the other hand, dysfunctional turnover is strongly felt in the results and the organizational climate . This is the case of strategic industry leaders or experts who are difficult to find in the market.
It is also possible to classify turnover and its impacts as avoidable or non-avoidable situations.
For this, once again, it is essential to know the origins of the problem through satisfaction surveys and during your own feedback , then work on preventive and emergency strategies to address each of the situations mentioned.
If a company that specializes in a particular process or product knows the difficulty of replacing its professionals, by monitoring turnover and studying the reasons that lead to dismissal, it can develop better career plans and benefits for its team, for example.
According to the 2019 Panorama of Digital Agencies in Latin America survey , 38.7% of them are focused on a specific niche . Therefore, retaining your talents is a way to guarantee the quality and performance of the business.
How to calculate turnover?
To calculate turnover, you must first have the number of hires and dismissals for the same period in question. Then, simply apply the formula in two steps:
Number of Admissions + Number of Completions / 2 = X
The result of this calculation completes the formula:
X / total number of employees in the company
This measurement is general and follows the company's poland mobile database overall turnover. But for a more specific analysis, you can apply another formula:
Total number of dismissed / total number of employees
In this case, of course, you need to consider a specific time period, whether annual or monthly, for example.
In addition to this traditional calculation, which uses the period as a reference, it is also possible to apply the same principle to perform more specific analyses , such as the turnover of each sector of the company, a specific group of professionals, etc.
One of these studies might address turnover by contract length, for example. What is the dismissal rate for employees hired for up to one or 10 years?
These more detailed investigations can help managers improve organizational climate and other human resource management measures.
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