1. What is the Staff Vacancy Rate?

The Staff Vacancy Rate measures the percentage of unfilled positions compared to the total number of established positions in an organization. It's a key human resources metric used to assess workforce gaps in Sri Lanka.

2. How Does the Calculator Work?

The calculator uses the vacancy rate formula:

Where:

• Vacant Positions — Number of unfilled positions (Vacant_SL)
• Total Positions — Total number of established positions (Total_SL)

Explanation: The formula calculates what percentage of the total workforce positions are currently vacant.

3. Importance of Vacancy Rate Calculation

Details: Tracking vacancy rates helps organizations in Sri Lanka understand their staffing challenges, plan recruitment strategies, and assess organizational health.

4. Using the Calculator

Tips: Enter the number of vacant positions and total positions. Both values must be non-negative numbers, and total positions must be greater than zero.

5. Frequently Asked Questions (FAQ)

Q1: What is a healthy vacancy rate?
A: Typically 5-8% is considered normal in Sri Lanka, as some turnover is expected. Rates above 10% may indicate staffing problems.

Q2: How often should vacancy rates be calculated?
A: Monthly or quarterly calculations are recommended for effective workforce planning.

Q3: What factors affect vacancy rates?
A: Economic conditions, industry trends, salary competitiveness, and organizational reputation all impact vacancy rates in Sri Lanka.

Q4: Should temporary positions be included?
A: Only permanent established positions should be included in this calculation for consistency.

Q5: How does this compare to turnover rate?
A: Vacancy rate measures unfilled positions at a point in time, while turnover rate measures the rate at which employees leave over a period.