hi, can you give me a gist of Att.Rate calculation. regards, Ajay Choudhary Tec. Consultants
From India, Pune
From India, Pune
Closing Balance=Opening Balance+New Joining Employees +Left Employees Attrition Rate=((Left Employee’s*100)/(Opening Balance+New Joining+Left Employee’s+Closing Balance))/100
From India, New Delhi
From India, New Delhi
Many of our friends on citehr have given various formulas for Attrition rate calculation.. they all give different percentages, does any one know the most widely used formula... the efforts that alll have made is remarkable.. thanks
From India, Pune
From India, Pune
[QUOTE=shuchita limaye;901483]Many of our friends on citehr have given various formulas for Attrition rate calculation.. they all give different percentages, does any one know the most widely used formula... the efforts that alll have made is remarkable.. thanks
"People are not lazy. They simply have impotent goals - that is, goals that do not inspire them":!::!:
From India, Pune
"People are not lazy. They simply have impotent goals - that is, goals that do not inspire them":!::!:
From India, Pune
Many of our friends on citehr have given various formulas for Attrition rate calculation.. they all give different percentages, does any one know the most widely used formula... the efforts that alll have made is remarkable.. thanks
"People are not lazy. They simply have impotent goals - that is, goals that do not inspire them":!::!:[/QUOTE]
From India, Pune
"People are not lazy. They simply have impotent goals - that is, goals that do not inspire them":!::!:[/QUOTE]
From India, Pune
Hi
Formula : Attrition for the month/Total Headcount * 100
or it can be calculated as
no. of head Count of the month :
No of New Joinee/additions in the month :
Attrition :
There fore formula is :No of New Joinee/additions in the month + No of New Joinee/additions in the month - Attrition =
Regards
Smrins
From India, Hyderabad
15Formula : Attrition for the month/Total Headcount * 100
or it can be calculated as
no. of head Count of the month :
No of New Joinee/additions in the month :
Attrition :
There fore formula is :No of New Joinee/additions in the month + No of New Joinee/additions in the month - Attrition =
Regards
Smrins
From India, Hyderabad
I see that every organisation uses or devices its own formula to calculate attrition rate, hence making it impractical to use a standardized formula.
From India, Delhi
From India, Delhi
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What is Annualized Attrition and How to Calculate It.doc
Attrition-rate. xls