Hi Seniors,
I have been in HR for couple of years now & all of a sudden I had gone blank in calculating attrition.
Kindly check the below formula & correct me if I'm wrong.
{Employees Left for the month/ [(Opening Head Count+ closing head count)]/2}*100
This formula is for calculating monthly attrition I suppose.
Taking the Average of every month gives Annual Attrition ?????
From India, Madras
5I have been in HR for couple of years now & all of a sudden I had gone blank in calculating attrition.
Kindly check the below formula & correct me if I'm wrong.
{Employees Left for the month/ [(Opening Head Count+ closing head count)]/2}*100
This formula is for calculating monthly attrition I suppose.
Taking the Average of every month gives Annual Attrition ?????
From India, Madras
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Attrition Rate formula.pdf
Attrition formula.doc
Attrition-rate. xls