Hi Friends Please send me the numerical formula for the calculation of Attrition rate Pandurang
From India, Pune
From India, Pune
Hi pandurang,
Attrition rate = No. of resignation / Available manpower *100
Example- If 1st of any of the month the Manpower is 200, during that particular month 10 employees Joined whereas 5 resigned, so at the end of the month the available manpower would be
Available Manpower = 200+10-5 = 205
Attrition Rate = 5 / 205 *100
Hope it must have helped you to understand the same...
Regards,
Amit Seth.
From India, Ahmadabad
Attrition rate = No. of resignation / Available manpower *100
Example- If 1st of any of the month the Manpower is 200, during that particular month 10 employees Joined whereas 5 resigned, so at the end of the month the available manpower would be
Available Manpower = 200+10-5 = 205
Attrition Rate = 5 / 205 *100
Hope it must have helped you to understand the same...
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.