hi all,
i wanted to knowwat r the existing attrition rates in various sectors ... specially in the IT sector, and the distribution sector.
also wat is theagreeable rate of attrition (if any!)
awaiting ur responses...
Cheers,
Pallavi
From India, Pune
2i wanted to knowwat r the existing attrition rates in various sectors ... specially in the IT sector, and the distribution sector.
also wat is theagreeable rate of attrition (if any!)
awaiting ur responses...
Cheers,
Pallavi
From India, Pune
Hi
I do not have factual data in this regard, but what i have come to
understand from my peer groups working in varied industries is that
in case of ITES - attrition rate is generally around 40%.
In the Manufacturing Sector the expected attrition rate is 7%.
The industry accepted average for IT is supposed to be 20% or less.
I am not sure of the accuracy of the values here...FYI
Harsha Vardhanan
From India,
I do not have factual data in this regard, but what i have come to
understand from my peer groups working in varied industries is that
in case of ITES - attrition rate is generally around 40%.
In the Manufacturing Sector the expected attrition rate is 7%.
The industry accepted average for IT is supposed to be 20% or less.
I am not sure of the accuracy of the values here...FYI
Harsha Vardhanan
From India,
Hi Madhusudhan, Went through the attrition rate calculation article. Exactly what I wanted to get my hands on. God sent indeed! Thanks, junejavascript:emoticon(':D')
From India, Bellary
From India, Bellary
hi No attachment found. Please attach the presentation again. I am also looking forward to this ppt on attrition. cheers Pooja
From India, Delhi
From India, Delhi
Hi All,
Just to add,attaching a Turnover Calculator excel.
Regards
Meenakshi
Turnover Calculation
(Formulas are included)
Number of Employees Average Number Turnover Rate
Separated During Employees During (Monthly)
Month Month
January #DIV/0!
February #DIV/0!
March #DIV/0!
1st Quarter #DIV/0!
April #DIV/0!
May #DIV/0!
June #DIV/0!
2nd Quarter #DIV/0!
July #DIV/0!
August #DIV/0!
September #DIV/0!
3rd Quarter #DIV/0!
October #DIV/0!
November #DIV/0!
December #DIV/0!
4th Quarter #DIV/0!
Annual #DIV/0!
Note: Formula for monthly turnover rate is the number of employes separated during the month divided by the average number of employees in the month multiplied by 100
From India, New Delhi
Just to add,attaching a Turnover Calculator excel.
Regards
Meenakshi
Turnover Calculation
(Formulas are included)
Number of Employees Average Number Turnover Rate
Separated During Employees During (Monthly)
Month Month
January #DIV/0!
February #DIV/0!
March #DIV/0!
1st Quarter #DIV/0!
April #DIV/0!
May #DIV/0!
June #DIV/0!
2nd Quarter #DIV/0!
July #DIV/0!
August #DIV/0!
September #DIV/0!
3rd Quarter #DIV/0!
October #DIV/0!
November #DIV/0!
December #DIV/0!
4th Quarter #DIV/0!
Annual #DIV/0!
Note: Formula for monthly turnover rate is the number of employes separated during the month divided by the average number of employees in the month multiplied by 100
From India, New Delhi
hey people,
I'm a new joinee out here & doing my mba in HR. my frens have told me that this is the best place to get right suggestions & guides by the experts out here & i really need ur help na guide in my project.
I'm doin my project on "ATTRITION RATE IN MANUFACTURING SECTOR"
My objective is to find out major issues in attrition rate in manufacturing sector & where & why HR function is lacking in this sector.
people i too wanna compare attrition rate of our country's manufacturing sector wit manufacturing sec of benchmarked country (where attrition is the lowest) and then wanna compare & analyse where our we lacking.
people i have i high expectation from u all to give me good guide and suggestions.
plssssssssss plssssssssssssss do help me out.
& yeah happy new year too all.
cheers.
BIPIN
From India, Agartala
I'm a new joinee out here & doing my mba in HR. my frens have told me that this is the best place to get right suggestions & guides by the experts out here & i really need ur help na guide in my project.
I'm doin my project on "ATTRITION RATE IN MANUFACTURING SECTOR"
My objective is to find out major issues in attrition rate in manufacturing sector & where & why HR function is lacking in this sector.
people i too wanna compare attrition rate of our country's manufacturing sector wit manufacturing sec of benchmarked country (where attrition is the lowest) and then wanna compare & analyse where our we lacking.
people i have i high expectation from u all to give me good guide and suggestions.
plssssssssss plssssssssssssss do help me out.
& yeah happy new year too all.
cheers.
BIPIN
From India, Agartala
Hi All,
I am working on my dissertation topic"Social Media as an effective tool for recruitment and retention".I as a student looking forward for your guidance and support regarding following topics since I am getting hard to find the information from Google.
1.What is the current attrition trend in different sectors in India (Manufacturing, IT, Telecom, Automobile,banking,hospitality,BPOs and Core sector).
2.What type of retention strategies these sector have been adopting with reference to Social Media.
3.Case studies pertaining to retention, exit interview,attrition rate, recruitment etc.
Looking for your valuable inputs/sources and any information regarding the above topic as my dissertation is based on secondary data.Which could be possible through your kind information sharing related to your industries.
Thank You
From India, Bangalore
I am working on my dissertation topic"Social Media as an effective tool for recruitment and retention".I as a student looking forward for your guidance and support regarding following topics since I am getting hard to find the information from Google.
1.What is the current attrition trend in different sectors in India (Manufacturing, IT, Telecom, Automobile,banking,hospitality,BPOs and Core sector).
2.What type of retention strategies these sector have been adopting with reference to Social Media.
3.Case studies pertaining to retention, exit interview,attrition rate, recruitment etc.
Looking for your valuable inputs/sources and any information regarding the above topic as my dissertation is based on secondary data.Which could be possible through your kind information sharing related to your industries.
Thank You
From India, Bangalore
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Attrition-rate- in-different-se ctors_906.jpg
Attrition-rate- Template.xls
Attrition Rate formula.pdf