Excel Trick: Calculating an Employee’s Tenure in Years (Including Fractional Years)

This tutorial shows how to calculate the exact number of years (including fractions of a year) that an employee has been with the company.
Understanding how long an employee has been with your organization can be important for performance reviews or benefit calculations. The formula =YEARFRAC(C2, TODAY(), 0) helps you calculate this in a straightforward way. In this formula, C2 represents the cell containing the employee’s hire date. The TODAY() function automatically provides the current date, so you always get up-to-date information. The YEARFRAC function then computes the difference between the hire date and today's date as a fractional number of years, meaning it will show not only complete years but also the remaining portion of a year. For instance, if an employee was hired on June 15, 2015, this formula might display a value like 9.70, meaning the employee has completed 9 full years and is partway through their 10th year.
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