Download Employee Retention Rate Calculator Template In Excel

Employee Retention Rate Calculator is an excel template to calculate employee turnover rates for companies on a yearly, half-yearly, quarterly, and monthly basis.

Employee Retention Rate is important HR metric regularly use by HR professionals.

What Is Employee Net Retention Rate?

Employee Retention is the ability of a company to retain its employees. In short, Employee Retention Rate is percentage of employees staying with an organization during specific period.

Moreover, HR managers seek best talent to fill their positions. Retaining these employees by satisfying them in the jobs is very important for net revenue retention.

Regular checks on retention rate will help take the necessary steps to retain(hold) the qualified and trained staff for your organization.

Formula To Calculate Employee Retention Rate

The formula to calculate Employee Retention Rate is as follows

The Retention Rate is opposite of the Attrition Rate. Retention Rate is the number of employees who joined at the start of a specific period and have stayed with the organization during that period. Whereas, the attrition rate is the number of employees leaving organization during a specific period.

Employee Retention Rate Calculator Excel Template

To simplify process of calculating the retention rate, we have create a simple and easy Employee Retention Rate Calculator Excel Template with predefine formulas.

You can derive yearly, half-yearly, quarterly, and monthly retention rates by entering strength of employees at the start and end of period and it will automatically calculate the retention rate for you.

so, This template can be useful to HR professionals, HR assistants and small business owner.

How To Use Employee Retention Rate Calculator Excel Template

This template also consists of 4 sections:

  1. Firstly, Yearly Retention Rate
  2. Secondly, Half-Yearly Retention Rate
  3. Thirdly, Quarterly Retention Rate
  4. Monthly Retention Rate

1. Yearly Retention Rate

Organizations usually measure Retention rate on yearly basis. To find yearly retention rate you need to enter only 2 details:

  • Number of employees at the beginning of the year
  • The number of employees Previously joined and are still with Company at the end of the year.

2. Half-Yearly Retention Rate

Moreover, Bigger or medium-sized organizations have more employees and have too much movement in their workforce. They usually measure the Retention rate on a half yearly basis.

Somehow, the Yearly basis, here also you need to provide only two details and it will calculate the retention rate for you.

3. Quarterly Retention Rate

However, You can also calculate the retention rate every quarter with this template. Enter the number of employees at the beginning and end of the quarter. The results will display in the cell below.

4. Monthly Retention Rate

Moreover, Big MNCs with too many employees measure retention regularly. So, This template will also help you calculate the monthly retention rate. Also, Enter the data in light blue fields and the results will be displayed in the cell below.

Download this Employee Retention Rate Calculator template in Excel Format

Our easy to use editable Excel templates and save your significant amount of time and effort. Here’s how to download and use one of our templates:

  1. Download this free Excel Template: Once you’ve browsed through our collection of templates and find the one that best fits your needs. Once you’ve found the template you want, click on the download button.

  2. Replace sample data with your actual data: Once the template is downloaded, open it in Excel. You’ll see that it is already set up with sample data. To start analyzing your own data, simply replace the sample data with your actual data.

  3. Customize the template: Our templates are completely editable, which means you can customize them to fit your specific needs. For example, you can change the formatting, add or remove columns, or create new charts and graphs.

  4. Use the Excel template: Once you’ve fed in your data and customized the template, you’re ready to start using it for data analysis. Use the various tools and features of Excel to analyze and visualize your data, and make informed business decisions.

  5. Save and share: Once you’ve finished working on the template, save it to your computer and share it with other members of your team or stakeholders as needed.

Click Download Button To Get Employee Retention Rate Calculator Excel Template

Instruction :

All Excel templates and tools are sole property of User can only download and use the excel templates for their Personal use only. All templates provided by XLSX templates are free and no payment is asked. However, you are not allowed to distribute or share in any other website for sole purpose of generating revenue from it.

 You can also download and use our 1000 Best PowerPoint Presentation Templates and 500 Resume Samples from  Completely Free. All our templates are designed by Professionals

Download Free Editable Excel Templates | Popular Templates

Insurance Quote Template

Insurance Quote

Introduction: Streamlining Insurance Quotations An insurance quote is a vital document in the insurance industry, serving as a preliminary estimate of premiums for potential clients.

Read More »
Freelance Quotation Template

Freelance Quotation

Introduction: Mastering Freelance Quotations In the world of freelancing, creating an effective quotation is crucial for outlining the scope and cost of your services to

Read More »
Fencing Quotation

Fencing Quotation

Introduction: Navigating Fencing Service Quotations A fencing service quotation is an essential tool for businesses in the fencing industry. It provides potential clients with a

Read More »
Event Planning Quote

Event Planning Quotations

Introduction: Excelling with Event Planning Quotations An event planning quote is a critical document for event planners, detailing proposed services and costs for organizing an

Read More »
Construction Quote Template

Construction Quote

Introduction: Optimizing Construction Quotations A construction quote is a fundamental document in the construction industry, serving as a formal proposal of costs for construction services

Read More »
Cleaning Quote

Cleaning Quote

Introduction: Perfecting Cleaning Service Quotations Creating an effective cleaning service quotation is crucial in the cleaning business. It serves as a formal proposal outlining the

Read More »

Free editable professional Excel templates can be a useful tool for businesses, organizations, and individuals looking to streamline their data management and reporting processes. These templates can provide a pre-designed and pre-formatted framework for storing and organizing data, as well as for creating charts, graphs, and other visualizations to help communicate that data more effectively.

One advantage of using professional Excel templates is that they are often designed by experienced professionals who understand best practices for data management and visualization. This means that the templates are likely to be well-organized, easy to understand, and aesthetically pleasing, which can make working with them more efficient and enjoyable.

Another advantage is that these templates are often fully editable, allowing users to customize them to meet the specific needs of their organization or project. This can include adding or deleting rows and columns, changing the formatting and layout, and adding custom formulas and functions.

Some examples of professional Excel templates that may be available for free include budgeting templates for personal or business use, project management templates for tracking tasks and deadlines, and sales tracking templates for analyzing and forecasting sales data. There are also a wide variety of templates available for specific industries, such as real estate, marketing, human resource, Payroll management and among others.

Overall, free editable professional Excel templates can be a valuable resource for anyone looking to improve their data management and analysis skills. By providing a pre-designed and customizable framework for storing, organizing, and visualizing data, these templates can help users save time and make more informed decisions.