- Stability Factor = OE/E
- OE = Original Employees Who Remain for a Given Time Period (e.g. two years)
- E = Total Number of Employees at the Beginning of the Time Period
- Example: 186 employees who remain from the beginning of a specified time period/212 employees at the beginning of that time period = 87.7% Stability Factor
The last diversity metric that I will discuss in this series is stability factor, which tells you whether or not the turnover rate for a given population (i.e., a particular employee demographic) is changing. It also allows you to compare stability rates between different employee demographics and categories in order to identify turnover trends. Here is a formula you can use to determine stability factor within your organization:
Dr. Tyrone A. Holmes is an author, speaker, coach and consultant. He helps his clients develop the skills needed to communicate, resolve conflict, solve problems and improve performance in diverse organizational settings.