Hi Friends Please send me the numerical formula for the calculation of Attrition rate Pandurang
From India, Pune
From India, Pune
Hi pandurang,
Attrition rate = No. of resignation / Available manpower *100
Example- If 1st of any of the month the Manpower is 200, during that particular month 10 employees Joined whereas 5 resigned, so at the end of the month the available manpower would be
Available Manpower = 200+10-5 = 205
Attrition Rate = 5 / 205 *100
Hope it must have helped you to understand the same...
Regards,
Amit Seth.
From India, Ahmadabad
496Attrition rate = No. of resignation / Available manpower *100
Example- If 1st of any of the month the Manpower is 200, during that particular month 10 employees Joined whereas 5 resigned, so at the end of the month the available manpower would be
Available Manpower = 200+10-5 = 205
Attrition Rate = 5 / 205 *100
Hope it must have helped you to understand the same...
Regards,
Amit Seth.
From India, Ahmadabad
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Attrition Rate formula.pdf
Attrition-rate- in-different-se ctors_906.jpg
Attrition-rate- Template.xls