Dear Professionals, Pls suggest the formula to identify the manpower planning & attrition. Regards karthi
From India
1From India
If not mistaken, this is Turn Over Ratio.
I don't know how to calculate attrition rate as thread starter ask.
I refer to : Dale Yorder, 1975 :
Labour turn over is defined as the time to time changes in the composition of the work force that result from hiring, release, and replacement of employees.
Number of employee change
LTO : --------------------------------------------- x 100 %
Number of total employees
From Indonesia
I don't know how to calculate attrition rate as thread starter ask.
I refer to : Dale Yorder, 1975 :
Labour turn over is defined as the time to time changes in the composition of the work force that result from hiring, release, and replacement of employees.
Number of employee change
LTO : --------------------------------------------- x 100 %
Number of total employees
From Indonesia
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