How does you calculate attrition rate. Also important is if the employee is leaving within the first month of Joining, whether employee will be counted while calculating attrition analysis
From India, New Delhi
1From India, New Delhi
Attrition is calculated on a t basis and annualized (Year to date).
Monthly attrition = Total exits/ Average Headcount *100
And yes, if the employee leaves in the first month of joining, he will be accounted in the calculation of exits for that month.
Hope this helps! :)
From India, Bengaluru
Monthly attrition = Total exits/ Average Headcount *100
And yes, if the employee leaves in the first month of joining, he will be accounted in the calculation of exits for that month.
Hope this helps! :)
From India, Bengaluru
Thanks for your reply. It does help.
I was including this in the attrition analysis but i have heard that many organisations are taking it as misfit to organisation culture or hiring mistake and not counting.
Your thoughts please..
From India, New Delhi
I was including this in the attrition analysis but i have heard that many organisations are taking it as misfit to organisation culture or hiring mistake and not counting.
Your thoughts please..
From India, New Delhi
I advise you to include all who left, either voluntarily or involuntarily. If too many new staff are leaving for whatever reasoins, it shows that your Recruiters need to be trained.
From Singapore, Singapore
From Singapore, Singapore
That is only a monthly way of calculating attrition.
Attrition should be always annualised and counted on average headcount (Closing headcount of the previous month+ Opening headcount of the current month).
From India, Bengaluru
Attrition should be always annualised and counted on average headcount (Closing headcount of the previous month+ Opening headcount of the current month).
From India, Bengaluru
Early exits can be classified as 'infant attrition'. Actual duration can vary - from 1 month to 2 years.
Disclaimer: This network and the advice provided in good faith by our members only facilitates as a direction towards the actions necessary. The advice should be validated by proper consultation with a certified professional. The network or the members providing advice cannot be held liable for any consequences, under any circumstances.
From India, Bangalore
Disclaimer: This network and the advice provided in good faith by our members only facilitates as a direction towards the actions necessary. The advice should be validated by proper consultation with a certified professional. The network or the members providing advice cannot be held liable for any consequences, under any circumstances.
From India, Bangalore
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Basic Attrition Analysis.xls