1. What is the SHRM Vacancy Rate?

The SHRM (Society for Human Resource Management) Vacancy Rate measures the percentage of unfilled positions relative to total positions (filled + unfilled) in an organization. It's a key metric for assessing recruitment effectiveness and workforce planning.

2. How Does the Calculator Work?

The calculator uses the SHRM Vacancy Rate formula:

Where:

• Unfilled — Number of open positions
• Filled — Number of occupied positions

Explanation: The formula calculates the proportion of unfilled positions as a percentage of total positions in the organization.

3. Importance of Vacancy Rate Calculation

Details: Tracking vacancy rates helps organizations understand recruitment challenges, workforce stability, and potential operational impacts. High rates may indicate hiring difficulties or retention problems.

4. Using the Calculator

Tips: Enter the number of unfilled and filled positions. Both values must be non-negative integers, and at least one position must exist (filled + unfilled > 0).

5. Frequently Asked Questions (FAQ)

Q1: What is a good vacancy rate?
A: Ideal rates vary by industry, but typically 5-8% is considered healthy. Rates above 10% may indicate problems.

Q2: How often should vacancy rates be calculated?
A: Monthly or quarterly tracking is common for most organizations to spot trends.

Q3: Should temporary positions be included?
A: Best practice is to include all positions that are part of your formal organizational structure.

Q4: How does this differ from turnover rate?
A: Vacancy rate measures open positions at a point in time, while turnover measures employees leaving over a period.

Q5: What factors can affect vacancy rates?
A: Market conditions, salary competitiveness, employer brand, and hiring process efficiency all impact rates.