TIP OF THE WEEK
Turnover rate calculations
Have you ever calculated your nursing home turnover rate for state-tested nursing assistants (STNAs)? Did you find the process confusing? The following explanations could help take the mystery out of the calculations.
Monthly turnover rates may be calculated as follows:
- Multiply the number of STNA terminations during the month by 12 to obtain an annual termination estimate.
- The annual termination estimate is then divided by the number of STNAs employed at the end of the month.
As an example: In October, there were 54 STNAs employed at the end of the month with a termination rate of 2 STNAs. Using the above formula, 2 x 12 = 24 (estimated annual terminations) divided by 54 (number of STNAs employed at the end of October) = 44%
The annual turnover rate uses a slightly different calculation method:
- Total the number of STNA terminations for all of the months reported.
- Total the number of STNAs employed at the end of each of the months reported. Then divide this sum by the number of months reported to get the average number of STNAs employed.
- Divide the total number of STNA terminations by the average number of STNAs employed.
As an example: Eight months of data have been reported for 2007. The total sum of the terminations during the eight months is 59. The number of STNAs employed at the end of each month is added and divided by eight resulting in an average number of STNAs employed per month of 117. Dividing 59 by 117 gives a turnover rate of 50% for the year to date.
Calculating STNA turnover rates doesn’t have to be a complicated process. It’s really simple math!
RESOURCE SPOTLIGHT
Workforce Retention Resource CD-ROM
The resource manual for nursing homes to attract and retain the right employees, including assessments, change ideas, leadership and communication tools, quality and process improvement tools, as well as resources and references.
This CD-ROM may be ordered on the Ohio KePRO Shopping Bag. Cost: Free
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