RETENTION RATE WORKSHEET

1. Enter each employee’s name in Column (A), and then enter the total number
of employees in Box 1.
2. Enter each employee’s start date in Column (B).
3. Enter the current date in Column (C).
4. Calculate the total number of days that each employee has been with you.
Enter that number in Column (D).
5. Add the number of days in Column (D), and enter this total in Box 2.
6. Divide the number of days in Box 2 by the number of employees in Box 1 to
determine the average number of days that your entry-level staff has been
employed for the current month.
7. Save this sheet to make it easier to compute next month’s average.