Attrition Formula
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Attrition Formula

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%

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