| Soumita9981 Started The Discussion: Hi, Could anybody pls. clarify me on the attrition formula?i have gone thru the various posts & is a bit confused about it. Hypothetical Example - Opening Headcount 2812 200 new joinees 65 resignations for the month Thus,closing Headcount = 2812+200-65=2947 Is it, 1.Attrition for the month/Total Headcount * 100 = (65/(2812+200))*100=2.15% or, 2.Attrition for the month/(Opening Headcount + Closing Headcount)/2*100 =65/(2812+2947)/2 *100 = 2.25%
Dear Soumita, Please see posts at http://www.citehr.com/927-attrition-...lculation.html Rajat Joshi has given a good explantion. It does not matter which of the two alternatives you use; you need to be consistent in its use to compare figures from one period to another. Have a nice day. Simhan A retired academic in UK Found This Useful? +Vote Up This Page Via Google. Why Vote? User validation is extremely important for good content to prosper. This discussion thread is closed. If you want to continue this discussion or have a follow up question, please post it on the network. Add the url of this thread if you want to cite this discussion. | 3778 views2 replies Knowledgebase Categories Popular Discussions |
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Attrition formula.doc
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