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u did a gud job which enhances my knowledge.
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Regards,
Preeti
Dear Mr.venkatesha
Thanks for the reply, it helps me a lot.
Thanking you
u did a gud job which enhances my knowledge.
See Preeti's complete reply
Excellent exlaination...thanks
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2137 Views
4 Replies
Caliculation of Attrition Rate
Type: HR, Report if not a HR topic
Posted 14-10-2011Reply
Dear all.
Could you please guide me in the caliculation of attrition rate ( Monthly,Quarterly,Yearly).
Regards
Lakshmi
Dear Lakshmi,
I saw your question.I gave answer below.Please if you have any doubt ask with me.
ForMula is
((no. Of attritions x 100) / (Actual Employees + New Joined)) /100.
Examples:
1) Actual Employees No. Of people left No. Of Joined Total Employees
(Opening BAL) (Attritions) (Current Head No)
150 20 25 155
So according to the formula: ((20 x 100) / (150 + 25)) / 100
Which comes to 0.1142 i.e. 11%
Now as you had 150 previously and now 25 joined so it makes 150 + 25 =175
Now if you calculate 11.42% of 175 i.e. 175 x 0.1142 = 20
Which clearly shows that 175 – 20 = 155, which is your current headcount and at the same time you can say my attrition is 11.42% that shows you lost 20 employees of 150 and 25 more joined which makes count to 175.
I saw your question.I gave answer below.Please if you have any doubt ask with me.
ForMula is
((no. Of attritions x 100) / (Actual Employees + New Joined)) /100.
Examples:
1) Actual Employees No. Of people left No. Of Joined Total Employees
(Opening BAL) (Attritions) (Current Head No)
150 20 25 155
So according to the formula: ((20 x 100) / (150 + 25)) / 100
Which comes to 0.1142 i.e. 11%
Now as you had 150 previously and now 25 joined so it makes 150 + 25 =175
Now if you calculate 11.42% of 175 i.e. 175 x 0.1142 = 20
Which clearly shows that 175 – 20 = 155, which is your current headcount and at the same time you can say my attrition is 11.42% that shows you lost 20 employees of 150 and 25 more joined which makes count to 175.
Thanking you
u did a gud job which enhances my knowledge.
Thanx
Regards,
Preeti
Dear Mr.venkatesha
Thanks for the reply, it helps me a lot.
Thanking you
u did a gud job which enhances my knowledge.
Excellent exlaination...thanks