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How to Calculate Annualized Turnover

edited Mar 9, 2018 8:21PM in Reporting and Analytics for HCM 10 comments

Summary

How to Annualize TO %

Content

Hi

We are interested in adding annualized TO % to our current TO reporting.  I have written a formula that returns the correct annualized TO % for January, current year, however I am unsure how to create this formula for each month going forward. 

This is an example of our report

  2018 Q 1 2018 Q 2 2018 Q 3 2018 Q 4 2018 Q 1 Total 2018 Q 2 Total 2018 Q 3 Total 2018 Q 4 Total Grand Total
  2018 / 01 2018 / 02 2018 / 03 2018 / 04 2018 / 05 2018 / 06 2018 / 07 2018 / 08 2018 / 09 2018 / 10 2018 / 11 2018 / 12
Start HC 4,524. 4,514. 4,507. 4,504. 4,504. 4,503. 4,503. 4,503. 4,503. 4,503. 4,503. 4,503. 4,524. 4,504. 4,503. 4,503. 4,524.
Terminations 10. 8. 3. 0. 1. 0. 0. 0. 0. 0. 0. 0. 21. 1. 0. 0. 22.
Hires 0. 1. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 1. 0. 0. 0. 1.
Rehires 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0.
NET Transfer In/Out 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
End HC 4,514. 4,507. 4,504. 4,504. 4,503. 4,503. 4,503. 4,503. 4,503. 4,503. 4,503. 4,503. 4,504. 4,503. 4,503. 4,503. 4,503.
Turnover % 0.22% 0.18% 0.07% 0.00% 0.02% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.46% 0.02% 0.00% 0.00% 0.49%
Annualized Turnover % 2.7% 2.1% 0.8% 0.0% 0.3% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 5.6% 0.3% 0.0% 0.0% 5.8%

Below is the formula used to calculate the annualized TO % for January

(CASE WHEN "Assignment Event"."Termination Headcount" IS NOT NULL THEN "Assignment Event"."Termination Headcount" ELSE 0 END/("Workforce Management - Workforce Trend Real Time"."Workforce Trend"."Period Start Active Headcount"+CASE WHEN "Assignment Event"."Hire Headcount" IS NOT NULL THEN "Assignment Event"."Hire Headcount" ELSE 0 END+CASE WHEN "Assignment Event"."Rehire Headcount" IS NOT NULL THEN "Assignment Event"."Rehire Headcount" ELSE 0 END+("Workforce Management - Workforce Trend Real Time"."Workforce Trend"."Period End Active Headcount"-"Workforce Management - Workforce Trend Real Time"."Workforce Trend"."Period Start Active Headcount")-((CASE WHEN "Assignment Event"."Rehire Headcount" IS NOT NULL THEN "Assignment Event"."Rehire Headcount" ELSE 0 END)+(CASE WHEN "Assignment Event"."Hire Headcount" IS NOT NULL THEN "Assignment Event"."Hire Headcount" ELSE 0

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