The proportion of employees leaving a specific retail company within a given period, often a year, is a key metric for evaluating workforce stability. For example, a 20% figure indicates one-fifth of the workforce departed during that timeframe. This metric is typically calculated by dividing the number of employees who left by the average number of employees, then multiplying by 100.
Analyzing workforce attrition offers valuable insights into operational efficiency, employee satisfaction, and overall organizational health. A high percentage can signify underlying issues like inadequate compensation, limited growth opportunities, or a negative work environment. Conversely, a low and stable percentage can indicate positive employee morale, effective retention strategies, and a healthy corporate culture. Tracking this metric over time reveals trends and potential problem areas, enabling proactive interventions and improved workforce management. Historical data can benchmark performance against industry averages and inform strategic planning.