Download Employee Retention Rate Calculator Excel Template

Contents

Popular Categories in Excel Template
Trednding in Excel Template

Golf Tournament Manager and Tracker

This golf tournament manager and tracker spreadsheet is one of spreadsheets that I have prepared …

Read More

Inventory Sheet

An Inventory Sheet is the bookkeeping of items, the parts and raw materials that a …

Read More

Agile Kanban Board

After learning about Agile development, Kanban, and Scrum, we have decided to try implementing a very simple system …

Read More

Golf Score Log

This Golf Score Log spreadsheet is created on request, but I sure had a lot …

Read More
Search
Generic filters

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 Employee Retention Rate Calculator Excel Template

To use this free Excel Template, you should have Microsoft Office/ Microsoft Excel. You can only use this template if you have these applications in your system. or Use, Google Sheets. 

After installing Excel or Spreadsheet, download the xlsx file of this template to use it

Once extracted, you can open the file using Excel and start entering data or customizing the template.

Click The Button Below To Download Employee Retention Rate Calculator Excel Template

Instruction :

All Excel templates and tools are sole property of xlsxtemplates.com. 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 PPTXTemplates.com  Completely Free. All our templates are designed by Professionals

Popular Excel Templates: