As an HR manager or small business owner, understanding your employee turnover rate is critical for retention strategy. But most HR software costs $1,000+/year.
I built a free Google Sheets template that calculates monthly, quarterly, and annual turnover rates automatically.
What it does:
- Tracks voluntary vs involuntary separations
- Calculates rolling quarterly averages
- Breaks down turnover by department
- Visual dashboard with charts
How it works:
- Enter starting headcount and separations each month
- Formulas auto-calculate rates
- Review dashboard for trends
Why this matters:
High turnover costs companies 1.5-2x annual salary per lost employee. Monitoring this monthly helps you catch problems early.
Get the free template: Grab the free Turnover Rate Tracker on Gumroad (link in bio - search "MicroTools Studio").
Built with Google Sheets - works on any device with a browser. No coding required.
