Hi All, Can anyone send me the formula to calculate the Attrition and Retention rate. Thnx!! Cheers, Ruchi
From India, Madras
1From India, Madras
Dear Ruchi,
The formula for Attrition is
(No of employees resigned/Average manpower)*100
Average Manpower = (Opening Manpower + Closing manpower)/2
*opening/closing manpower could be either the calendar year beginning or financial year beginning whichever you follow.
Regards,
Sunaina
From India, Chandigarh
The formula for Attrition is
(No of employees resigned/Average manpower)*100
Average Manpower = (Opening Manpower + Closing manpower)/2
*opening/closing manpower could be either the calendar year beginning or financial year beginning whichever you follow.
Regards,
Sunaina
From India, Chandigarh
Hi, The formula for Attrition is as follows:- ((no. Of attritions x 100) / (Actual Employees + New Joined)) /100. Abhishek
From India, Delhi
From India, Delhi
Dear Ruchi,
Please refer to the attachments. Might be of some use to you !!!
I am so sorry but there is some problem today at my end - i am unable to upload or attach any file.... Sorry guys :(
On Second thoughts why dont u guys search the words attrition, retention or such likewise words here in this site itself.
You will get hoards of information.
Still incase you would like to get details contact me with ur mail IDs
Regards
Bharathi.
From United States
Please refer to the attachments. Might be of some use to you !!!
I am so sorry but there is some problem today at my end - i am unable to upload or attach any file.... Sorry guys :(
On Second thoughts why dont u guys search the words attrition, retention or such likewise words here in this site itself.
You will get hoards of information.
Still incase you would like to get details contact me with ur mail IDs
Regards
Bharathi.
From United States
Dear,
Attrition = employees left * 100 / (opening balance in a month+no of employees joined in a month+no of employees left + no of employees at the end of the month
For example : 100 employees at the start of the month, 10 new employees joined you during the month, 25 employees left in the month and you're finally left with 85 employees at the end of the month
Attrition = 25*100/100+10+25+85
the percentage answar is 11.36%
manoranjan
Attrition = employees left * 100 / (opening balance in a month+no of employees joined in a month+no of employees left + no of employees at the end of the month
For example : 100 employees at the start of the month, 10 new employees joined you during the month, 25 employees left in the month and you're finally left with 85 employees at the end of the month
Attrition = 25*100/100+10+25+85
the percentage answar is 11.36%
manoranjan
Dear All,
Iam bit confused with the formula on which one to follow,
can someone help me in clarifying which would be the proper one to use,
Attrition = employees left * 100 / (opening balance in a month+no of employees joined in a month+no of employees left + no of employees at the end of the month
No of employees resigned/Average manpower)*100
((no. Of attritions x 100) / (Actual Employees + New Joined)) /100
Regards
Mythili.A
From India, Hyderabad
Iam bit confused with the formula on which one to follow,
can someone help me in clarifying which would be the proper one to use,
Attrition = employees left * 100 / (opening balance in a month+no of employees joined in a month+no of employees left + no of employees at the end of the month
No of employees resigned/Average manpower)*100
((no. Of attritions x 100) / (Actual Employees + New Joined)) /100
Regards
Mythili.A
From India, Hyderabad
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Attrition Control and Retention Strategies for Changing times.ppt
Attrition Rate formula.pdf
Attrition formula.doc