Dear friends, Can anyone help me to findout the Attrition rate please post the formula and procedure it will be helpful to me ........ Thanks&Regards Selva
From India, Bangalore
From India, Bangalore
Hi Selva ,
Please find the formula to find out the Attrition rate .
Attrition%= No. of Employees Quit / Avg. Employees during that time frame * %100
I hope it will clear your query .
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Thanks & Regards,
Vani
From India, Secunderabad
29Please find the formula to find out the Attrition rate .
Attrition%= No. of Employees Quit / Avg. Employees during that time frame * %100
I hope it will clear your query .
-----
Thanks & Regards,
Vani
From India, Secunderabad
To find out the attrition rate formulae is:
Total numbers who have left
Attrition Rate : -----------------------------------*100
(Opening balance+Closing balance)/2
To find out the closing balance :
(opening balance+who have joined-who have left)
Regards
Baljeet Kaur
From India, Gurgaon
Total numbers who have left
Attrition Rate : -----------------------------------*100
(Opening balance+Closing balance)/2
To find out the closing balance :
(opening balance+who have joined-who have left)
Regards
Baljeet Kaur
From India, Gurgaon
To find out the attrition rate formulae is:
Attrition Rate:
Total numbers who have left
-----------------------------------*100
(Opening balance+Closing balance)/2
To find out the closing balance :
(opening balance+who have joined-who have left)
Regards
Baljeet Kaur
From India, Gurgaon
Attrition Rate:
Total numbers who have left
-----------------------------------*100
(Opening balance+Closing balance)/2
To find out the closing balance :
(opening balance+who have joined-who have left)
Regards
Baljeet Kaur
From India, Gurgaon
Attrition is also calculated on an annualised basis. the formula for this is:
Annualised Attrition = (Total nos. of attrition in 'x' months / Average no. of employees for 'x' months) * (12/'x' months)
e.g. Till July 31, 2010 you have totally 60 employees who have attrited and your average manpower for this period was 1212 employees, (financial year considered i.e. April to March period) then your calculation shall be:
(60/1212)*(12/4)
From India, Mumbai
Annualised Attrition = (Total nos. of attrition in 'x' months / Average no. of employees for 'x' months) * (12/'x' months)
e.g. Till July 31, 2010 you have totally 60 employees who have attrited and your average manpower for this period was 1212 employees, (financial year considered i.e. April to March period) then your calculation shall be:
(60/1212)*(12/4)
From India, Mumbai
Well,
with this calculation, attrition rate comes on yearly basis only....
If you want to find out on month wise than you have to multiply with 12 means,
Attrition Rate= No. of Employee left / Total No. of Employee for the same time * 100 *12
Same as, With 6 month - *6
I hope this will help you out...
Regards,
Ankit
From India, Vadodara
with this calculation, attrition rate comes on yearly basis only....
If you want to find out on month wise than you have to multiply with 12 means,
Attrition Rate= No. of Employee left / Total No. of Employee for the same time * 100 *12
Same as, With 6 month - *6
I hope this will help you out...
Regards,
Ankit
From India, Vadodara
Nice discussion.
Can you give me rate of retriation for following example?
16 employees have left within 04 years in a department which has strength of 14 employees. For 1.5 years the department was maintained by 12 officers.
Regards
From India, Mumbai
Can you give me rate of retriation for following example?
16 employees have left within 04 years in a department which has strength of 14 employees. For 1.5 years the department was maintained by 12 officers.
Regards
From India, Mumbai
Dear Neeraj, As per your query- I think Attrition rate: 30.18 Plz confirm it is correct or not if not Plz clarify me Regards, Madhu.
From India, Mumbai
From India, Mumbai
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Attrition-rate. xls
Revised rate.pdf
Attrition-rate- in-different-se ctors_906.jpg