KPI Formulas

Employee Turnover Rate Formula in Excel: KPI Example

Copy-paste the spreadsheet formula for Employee Turnover Rate and adapt it to your report.

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Quick answer

Employee Turnover Rate is commonly calculated as:

Employees Who Left / Average Employees

Excel version:

=B2/C2

Example table

MetricExample value
Numerator / current value120,000
Denominator / base value400,000
Employee Turnover Rate30%

How to calculate it in Excel

  1. Create one column for each input in the KPI formula.
  2. Paste the Excel formula in the result column.
  3. Replace B2, C2, and D2 with the cells from your own sheet.
  4. Format ratio KPIs as Percentage and money KPIs as Currency.
  5. Compare the KPI over time, by team, or by channel instead of looking at one isolated number.

Power BI DAX version

For dashboards, create a measure and adapt the table and measure names to your model.

Employee Turnover Rate = DIVIDE([Numerator], [Denominator], 0)

Tips

  • Keep the numerator and denominator definitions consistent across reports.
  • Document whether the KPI is monthly, quarterly, annual, trailing, or point-in-time.
  • Use the same calculation logic in Excel and Power BI when comparing reports.

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