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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%
From India, Calcutta
Dear Soumita,
Please see posts at https://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.
A retired academic in UK
From United Kingdom
Daer Bhargavi, The formula depends upon what you are measuring. Hence, please use the Research facility in the Green box at the top. Have a nice day. Simhan Simhan
From United Kingdom

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