1. The employee's accession and separation rates indicate the movement of employees in the industry.
The rates are calculated by the following equation:
Monthly accession (separation) rate of industry
= Estimate of employee accession (separation) during the month / Estimate of the total number of employee of last month
2. The general employee turnover rate is calculated as the average of the entrance and exit rates. The calculation formula is as follows:
Employee turnover of the month = (Accession rate + separation rate of the month) / 2