Employee Turnover Rate & Retention Risk Calculator
=ROUND((COUNTIFS($B$2:$B$100,"Terminated",$C$2:$C$100,E2)/COUNTA($C$2:$C$100))*100,2) & "% | " & IF(VLOOKUP(E2,$H$2:$J$100,3,FALSE)>20,"High Risk","Low Risk")ADVERTISEMENT - IN-ARTICLE
Implementation Guide
This Excel tool calculates department-specific turnover rates and flags retention risks using COUNTIFS and VLOOKUP functions. The formula counts terminated employees per department, divides by total department headcount, and converts to a percentage. It then cross-references department turnover against a predefined risk threshold (20%) to label high-risk teams. Ideal for HR teams analyzing quarterly retention data, it updates in real-time when employee statuses change and integrates with exit interview data sheets. It reduces manual data aggregation time by 75% and helps prioritize retention initiatives (e.g., training, compensation adjustments) for at-risk departments. Supports up to 100 employees per sheet.