Employee Voluntary Turnover Rate (OI1638)

This metric is intended to capture the rate at which permanent employees depart voluntarily. Refer to Departed Permanent Employees: Voluntary (OI8431) for additional information.

For employees departing the organization involuntarily, organizations can use the metrics Departed Permanent Employees: Involuntary (OI7225) and Employee Involuntary Turnover Rate (OI3989).

The average number of permanent employees can be calculated in several ways. One example for organizations reporting on a yearly basis is to calculate the average number of permanent employees on a monthly basis under Permanent Employees: Total (OI8869).

Organizations are also encouraged to report this metric in conjunction with Average Employee Tenure (OI2248).

In some contexts, this metric can serve as an indicator of whether the outcome being sought by an investor or organization is occurring (the WHAT dimension of impact). For more on the alignment of IRIS metrics to the five dimensions of impact, see specific guidance document. No single metric is sufficient to understand an impact; rather, metrics are selected as a set across all dimensions of impact. When possible, the selection of metrics to measure and describe the five dimensions should be based on best practice and evidence.