Measures the vacancy rate resulting from employee turnover and creation of new positions. This formula can be used to calculate the vacancy rate for one position, a class code, a division or the entire organization. The formula is the total number of vacant positions as of a specified date divided by the total number of…

BPIR Categories

15.4.5 Employee recruitment, retention, succession plans

Unlock this article and 10,000+ more

To get the most out of our extensive resources, please login or become a member below.