kindly suggest how should an hr manager calculate attrition rate for his company , and what exactly is an lpo and how should a new hr manager start or rather define his role ?? and create a n impact in the very beginning?
From United States, Round Rock
From United States, Round Rock
Hello..
Attrition rate is been calculated on the basis of available Manpower and number of resigned employees in the month...
The formula is...
Attrition Rate = Number of Resigned/Available Manpower*100
For example if in the previous month the manpower was 100. During that month 10 resigned and 20 recruited.. So the available manpower would be 100-10+20 = 110
Attrition rate = 10/110*100
Hopw now it will be very much clear with you..
Regards,
Amit Seth.
From India, Ahmadabad
496Attrition rate is been calculated on the basis of available Manpower and number of resigned employees in the month...
The formula is...
Attrition Rate = Number of Resigned/Available Manpower*100
For example if in the previous month the manpower was 100. During that month 10 resigned and 20 recruited.. So the available manpower would be 100-10+20 = 110
Attrition rate = 10/110*100
Hopw now it will be very much clear with you..
Regards,
Amit Seth.
From India, Ahmadabad
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
ATTRITION CALCULATION.pdf