Dear friends My name is karthic , iam working in TVS Group.Can any one help me out in finding the attrition rate.
From India, Madras
From India, Madras
Dear Karthic,
pls find below the Attriition calaculator
Attrition%=No of employees moved out of the company during the period / No of employee's in the organisation * 100
will get you the percentage of attrition.
Warm Regards
Shroff M
pls find below the Attriition calaculator
Attrition%=No of employees moved out of the company during the period / No of employee's in the organisation * 100
will get you the percentage of attrition.
Warm Regards
Shroff M
Attrition rate is number of employees left divided by number of employees as a percentage. Here you have to take the average number of employees in the denominator( opening balance+closing balance divided by 2).
From India
26From India
Hey Dear Friend, Please find the attached copy of attrition rate of calculation Regards, ac_prabha
From India, Bangalore
From India, Bangalore
Hi,
There are two practices being followed by organizations to calculate the attrition rate:
1) No of Exit in the month/(no of employees at beginning of the month+ New joinings) *100
2) No of Exit in the month/ {(no of emp at beginning+no of emp at end of month)/2} *100
In both the cases, you will find very little difference in the attrition rate. Just for your info, many MNC and big companies follows S.No 2 formula to know their attrition rate.
Regards,
Anup
From India, Hyderabad
There are two practices being followed by organizations to calculate the attrition rate:
1) No of Exit in the month/(no of employees at beginning of the month+ New joinings) *100
2) No of Exit in the month/ {(no of emp at beginning+no of emp at end of month)/2} *100
In both the cases, you will find very little difference in the attrition rate. Just for your info, many MNC and big companies follows S.No 2 formula to know their attrition rate.
Regards,
Anup
From India, Hyderabad
Hi Anup,
You are absolutely right when you say both the formulae are correct. My doubt is that the first formula which is relatively less used in organizations gives more accurate results. Please refer to this word doc for further explanations. And please let me know about your views. Kindly reply on my e-mail id :
.
Regards
Priyanka
You are absolutely right when you say both the formulae are correct. My doubt is that the first formula which is relatively less used in organizations gives more accurate results. Please refer to this word doc for further explanations. And please let me know about your views. Kindly reply on my e-mail id :
Regards
Priyanka
Hello Kartik, Attrition rate for a month . (head count in the begining of the month / head count at the end of the month) * 100
From India, Bangalore
From India, Bangalore
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