Company turnover rate is the rate at which employees come and go from an organization or business. It’s computed as the number of people who leave the organization during a given period divided by the total number of employees at the beginning of that period. This statistic helps companies understand how quickly their employees are leaving, why they are leaving, and which areas of the business may be at risk due to employee turnover. High turnover can be extremely costly for any company, so it’s important to track this data so you can detect and address any potential issues early.