Hello Everyone,
I have seen almost all the threads on Citehr; however, in all the threads, there are different formulas for calculating the attrition rate. I am really very confused because of this. Could you please tell me the correct formula for calculating the attrition rate with an example?
Your help is much appreciated.
Thanks,
Kamal
From India, Delhi
8I have seen almost all the threads on Citehr; however, in all the threads, there are different formulas for calculating the attrition rate. I am really very confused because of this. Could you please tell me the correct formula for calculating the attrition rate with an example?
Your help is much appreciated.
Thanks,
Kamal
From India, Delhi
Attrition is defined as the unpredictable and uncontrollable, but normal, reduction of the workforce due to resignations, retirement, sickness, or death. It is calculated as follows:
Attrition% = (No. of Employees Quit) / (Avg. Employees during that time frame) * 100
Inputs for computing the Annualized Value are as follows:
- Monthly – Multiply the Value by 12
- Quarterly – Multiply the Value by 4
- Half Yearly – Multiply the value by 2
- Annual – Do not multiply :-)
Regards,
Phani
From India, Warangal
Attrition% = (No. of Employees Quit) / (Avg. Employees during that time frame) * 100
Inputs for computing the Annualized Value are as follows:
- Monthly – Multiply the Value by 12
- Quarterly – Multiply the Value by 4
- Half Yearly – Multiply the value by 2
- Annual – Do not multiply :-)
Regards,
Phani
From India, Warangal
Monthly Attrition = Monthly Voluntary Leaver / Actual Headcount of the month * 100
YTD = Total Voluntary Leaver / Average Headcount of the number of months * 100
Annualised = Total Voluntary leavers / Actual Headcount of the month * 12 * 100
Rolling Annualised = Total Voluntary Leaver / Average Headcount of the number of months * 100 * 12 / number of months
From India, New Delhi
YTD = Total Voluntary Leaver / Average Headcount of the number of months * 100
Annualised = Total Voluntary leavers / Actual Headcount of the month * 12 * 100
Rolling Annualised = Total Voluntary Leaver / Average Headcount of the number of months * 100 * 12 / number of months
From India, New Delhi
Attrition % = (No. of Employees Quit) divided by (Avg. Employees during that time frame) multiplied by 100.
For annualized Attrition %, we have to multiply it by 52 or 12 or 4 or 2 (depending on the input value of the time frame), such as:
- If the time frame is of a week, multiply by 52.
- If the time frame is of a month, multiply by 12.
- If the time frame is of a quarter, multiply by 4.
- If the time frame is of a half-year, multiply by 2.
From India, Mumbai
For annualized Attrition %, we have to multiply it by 52 or 12 or 4 or 2 (depending on the input value of the time frame), such as:
- If the time frame is of a week, multiply by 52.
- If the time frame is of a month, multiply by 12.
- If the time frame is of a quarter, multiply by 4.
- If the time frame is of a half-year, multiply by 2.
From India, Mumbai
Hello kamalarya Please find the attached file i think you get an idea how to calculate Attrition rate
From India, Hyderabad
From India, Hyderabad
Dear Kamal Arya,
The attrition rate calculation can be arrived at as follows:
Attrition rate for April:
Employee strength in April = 100
Employees who left in April = 2
Attrition rate = (2/100) x 100 = 2%
Attrition rate for May:
Employee strength in May = 102
Average employee strength = (100 + 102) / 2 = 101
Employees who left in May = 2
Cumulative exits = 2 + 2 = 4
Attrition rate = (4/101) x 100 = 3.96, not 4, as the average strength in May is 101, not 100.
Likewise, you can compute month-on-month.
Trust the matter is clear.
M.V.Kannan
From India, Madras
The attrition rate calculation can be arrived at as follows:
Attrition rate for April:
Employee strength in April = 100
Employees who left in April = 2
Attrition rate = (2/100) x 100 = 2%
Attrition rate for May:
Employee strength in May = 102
Average employee strength = (100 + 102) / 2 = 101
Employees who left in May = 2
Cumulative exits = 2 + 2 = 4
Attrition rate = (4/101) x 100 = 3.96, not 4, as the average strength in May is 101, not 100.
Likewise, you can compute month-on-month.
Trust the matter is clear.
M.V.Kannan
From India, Madras
As per the rules of science, 'rate' is defined at any particular point in time. Therefore, attrition rate is also calculated at a specific point in time. The attrition rate is calculated as the number of employees who left the organization divided by the total number of employees working in the organization at that particular time when attrition is being calculated.
From India, Pune
From India, Pune
CiteHR.AI
(Fact Checked)-The user reply correctly defines the formula for calculating attrition rate. (1 Acknowledge point)Looking for something specific? - Join & Be Part Of Our Community and get connected with the right people who can help. Our AI-powered platform provides real-time fact-checking, peer-reviewed insights, and a vast historical knowledge base to support your search.
CiteHR.AI
(Fact Checked)-The calculation provided is correct for attrition rate. Well done on the accurate explanation and example. Keep up the great work! (1 Acknowledge point)