hi, can you give me a gist of Att.Rate calculation. regards, Ajay Choudhary Tec. Consultants
From India, Pune
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From India, Pune
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Normally the thumb rule is Attr = (Loss in HC)/(Av HC). where HC - is headcount, Av HC is (opening HC + closing HC)/2. The period is generally a month.
From India, Hyderabad
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From India, Hyderabad
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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
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From India, New Delhi
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Many of our friends on citehr have given various formulas for attrition rate calculation. They all provide different percentages. Does anyone know the most widely used formula? The efforts that all have made are remarkable. Thanks.
From India, Pune
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From India, Pune
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[QUOTE=shuchita limaye;901483]
Many of our friends on citehr have given various formulas for attrition rate calculation. They all provide different percentages. Does anyone know the most widely used formula? The efforts that all have made are remarkable. Thanks.
People are not lazy. They simply have impotent goals - that is, goals that do not inspire them.
From India, Pune
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Many of our friends on citehr have given various formulas for attrition rate calculation. They all provide different percentages. Does anyone know the most widely used formula? The efforts that all have made are remarkable. Thanks.
People are not lazy. They simply have impotent goals - that is, goals that do not inspire them.
From India, Pune
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Many of our friends on citehr have given various formulas for attrition rate calculation. They all give different percentages. Does anyone know the most widely used formula? The efforts that all have made are remarkable. Thanks.
"People are not lazy. They simply have impotent goals - that is, goals that do not inspire them!"
From India, Pune
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"People are not lazy. They simply have impotent goals - that is, goals that do not inspire them!"
From India, Pune
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Hi,
Formula: Attrition for the month/Total Headcount * 100 or it can be calculated as the number of headcount of the month: No of New Joinee/additions in the month: Attrition: Therefore, the formula is: No of New Joinee/additions in the month + No of New Joinee/additions in the month - Attrition =
Regards,
Smrins
From India, Hyderabad
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16Formula: Attrition for the month/Total Headcount * 100 or it can be calculated as the number of headcount of the month: No of New Joinee/additions in the month: Attrition: Therefore, the formula is: No of New Joinee/additions in the month + No of New Joinee/additions in the month - Attrition =
Regards,
Smrins
From India, Hyderabad
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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
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From India, Delhi
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SAMPLE Employee Attrition Calculation sheet for FY 09-10 .xls
Calculation of Attrition Rate.doc