1. What is Vacancy Rate?

The vacancy rate is a human resources metric that measures the percentage of unfilled positions in an organization compared to the total number of positions. It helps assess recruitment efficiency and workforce planning.

2. How Does the Calculator Work?

The calculator uses the vacancy rate formula:

Where:

• Vacant Positions — Number of unfilled positions
• Total Positions — Total number of positions (filled + unfilled)

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 understand recruitment challenges, plan workforce strategies, and assess organizational health. In the Philippines, this is particularly important for compliance with labor laws and efficient operations.

4. Using the Calculator

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

5. Frequently Asked Questions (FAQ)

Q1: What is a good vacancy rate?
A: Typically 5-8% is considered healthy, but this varies by industry. Rates above 10% may indicate recruitment or retention problems.

Q2: How often should vacancy rate be calculated?
A: Monthly or quarterly calculations are recommended for most organizations to track trends.

Q3: Does this calculator account for part-time positions?
A: No, this calculates simple vacancy rate. For part-time positions, consider converting to full-time equivalents first.

Q4: What factors affect vacancy rate in the Philippines?
A: Local labor market conditions, salary competitiveness, economic trends, and industry-specific factors all influence vacancy rates.

Q5: How can organizations reduce high vacancy rates?
A: Strategies include improving recruitment processes, offering competitive compensation, enhancing employer branding, and addressing retention issues.