Is there any difference between Employee Attrition rate and Employee Turnover rate? How to calculcate Employee Turnover rate?
8th November 2011 From United States, Cambridge

Member Opinions In This Discussion
Kannanmv
Kamalakar
United States, Cambridge
Hr Generalist
+3 Others

Dear Kamalkar,
Please find below the Attrition Rate Calculation :
.................................................. ................................
No.of Attrition X 100 /
Actual No. of Employees + Newly Joined Employees /
100
.................................................. ................................
Thanks & Regards,
Avinash Kumar.K
10th November 2011 From India, Bangalore
Dear Sir,
Mr.D.Kumar's formula is easy to findout, but based on Mr.Avinash Kumar's sirs I am not getting correct result.
Best Regards,
Kamalarathinam.M
================================================== ====================
Thannampikkai + Kurikkol + Thiramai = Thakuthi
10th November 2011 From India, Coimbatore
Dear Kamalakar,
The following formula is being used by us for calculating attrition in our company.
April 2011 - Employee strength - 100
Employee left - 2
Attrition % - 2/100 X 100 = 2%
May 2011 - Employee Strength - 104
Average Employee Strength - 100 + 104/2 = 102 (April Strength + May Strength)
Employee left - 2
Total Attrition - 2 + 2 = 4 (April Attrition + May Attrition)
Attrition % - 4/102 X 100 = 3.92%
You have to eventually add up the total exits month after month and divide it by the average strength and then calculate the percentage.
Employee turnover rate and attrition to my knowledge are one and the same.
Regards
M.V.KANNAN
10th November 2011 From India, Madras
1. i like to know the information about the difference between turnover and productvity
2. what is the relation between turnover and attrition and how to calculate
3. what is the relation between productivity and attrition and how to calculate
4. can i get the information about the turnover loss and productivity loss due to attrition rate
11th November 2011 From India, Madras
A platform for business and professional insights. Register at Cite.Co and grow professionally with your peers around the world.

Disclaimer: This network and the advice provided in good faith by our members only facilitates as a direction towards the actions necessary. The advice should be validated by proper consultation with a certified professional. The network or the members providing advice cannot be held liable for any consequences, under any circumstances.