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Old 16-08-2008, 11:00 AM
nandy.surajit@gmail.com's Avatar
Join Date: Aug 2008
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Quote:
Originally Posted by singhshalini1 View Post
Dear All

I want to calculate attrition rate for my company.

Total No. of Employees in July 2007 = 277
Total Number of Employees in July 2008 = 234

Total no. of employees resigned = 45

Please help

Regards
Shalini



Hi Shalini ,

The correct formula is


Answer
45/(277+234/2)


Regards
Surajit Nandy
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  #12 (permalink)  
Old 16-08-2008, 12:56 PM
d_arun2000's Avatar
Join Date: Jun 2007
Location: CHENNAI
Posts: 42
Default Attrition Rate

Dear Ms Shalini,

Attrition Rate =

Total Number of Resigns per month (Whether voluntary or forced) divided by (Total Number of employees at the beginning of the month plus total number of new joinees minus total number of resignations) multiplied by 100.


45/ (277+2)-45 * 100 = 19.23%


With Regards

D Arun Prasad

Quote:
Originally Posted by singhshalini1 View Post
Dear All

I want to calculate attrition rate for my company.

Total No. of Employees in July 2007 = 277
Total Number of Employees in July 2008 = 234

Total no. of employees resigned = 45

Please help

Regards
Shalini

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