PROFESSIONALS AND BUSINESSES PARTICIPATING IN DISCUSSION
Hr Business Partner
Agm-hr & Admin
Use factoHR and automate your HR processes
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Retain the employee is very important function of the HR. In the present days out side job opportunities is more so it is very hard to retain the employee.
Attrition Rate= No. of employees left from the organisation/ Total no.of employees in the organisation*100
I am going to design a new Pre-Confirmation Appraisal form and for this I need your assistance. So could you please mail me some good format of the same on my ID
To calculate attrition rate.. the formula is
Attrition rate = No. of resigned /Available Manpower *100
Suppose at the start of month May you had manpower of 10 and in the same month no. of resign is 1 only, so the available manpower after the end of the month may would be 9, then
Attrition rate = 1/9*100
Whereas if any new joining is there then it will be added in the current manpower and at the end on month the available manpower will get changed accordingly.
From India, Ahmadabad
pradheemysDear Sandeep, Please find the attached attrition template for your perusal. This had been posted by one of the member of this site. Regards Pradeep Kumar V
From India, Bangalore
SANDEEP.GORREHai pradeep Thanks for sending format ,I am working in a Real Estate orz it is having nearly 600 executives so here the attrition rate is high I am new to this field Regards Sandeep.g
From India, Hyderabad
ketkii m an mba student working on employee retention and i m in dore need of data on thomas profiling and attrition . plz help
From India, New Delhi
I too am using the formulae (# of Employees Left / Total # of Employees)* 100. If you get through or have been using any other & simpler option for attrition rate calculation please let me know too on mr id
balkrishna9ahi dear all, What should be standard attrition rate for a company, which will not effect organisation’s operations. Balkrishna
From India, Ahmadabad
sfchydNormally calcualation here is a ratio.
the numebr of employees quit / average number employeed in a given period of time multiplied by 100. The formula may be used for monthly or yearly or quaterly calculations. It is advisable for calculating monthly so that a line graphic could be created for a year or so.
Dr Chandra Sekhar SF