Top Diversity Measures and Metrics: 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:

• 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
  

Next Post: January 13, 2014 – The Top Diversity Measures and Metrics: An Overview