Attrion Rate

Dear friends,
Can anyone help me to findout the Attrition rate please post the formula and procedure it will be helpful to me ........
Thanks&Regards
Selva

Hi Selva ,
Please find the formula to find out the Attrition rate .

Attrition%= No. of Employees Quit / Avg. Employees during that time frame * %100
I hope it will clear your query .
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Thanks & Regards,
Vani

To find out the attrition rate formulae is:
Total numbers who have left
Attrition Rate : -----------------------------------*100
(Opening balance+Closing balance)/2
To find out the closing balance :
(opening balance+who have joined-who have left)
Regards
Baljeet Kaur

To find out the attrition rate formulae is:
Attrition Rate:
Total numbers who have left
-----------------------------------*100
(Opening balance+Closing balance)/2
To find out the closing balance :
(opening balance+who have joined-who have left)
Regards
Baljeet Kaur

Attrition is also calculated on an annualised basis. the formula for this is:
Annualised Attrition = (Total nos. of attrition in 'x' months / Average no. of employees for 'x' months) * (12/'x' months)
e.g. Till July 31, 2010 you have totally 60 employees who have attrited and your average manpower for this period was 1212 employees, (financial year considered i.e. April to March period) then your calculation shall be:
(60/1212)*(12/4)

Well,
with this calculation, attrition rate comes on yearly basis only....
If you want to find out on month wise than you have to multiply with 12 means,
Attrition Rate= No. of Employee left / Total No. of Employee for the same time * 100 *12
Same as, With 6 month - *6
I hope this will help you out...
Regards,
Ankit

Nice discussion.
Can you give me rate of retriation for following example?
16 employees have left within 04 years in a department which has strength of 14 employees. For 1.5 years the department was maintained by 12 officers.
Regards

Dear Neeraj,
As per your query-
I think
Attrition rate: 30.18
Plz confirm it is correct or not
if not Plz clarify me
Regards,
Madhu.

ATTRITION RATE:Attrition calculation - formula


Ex: Month Left Emp. Manpower
APR 10 1600
MAY 5 1525
JUN 5 1450
JULY 10 1550
AUG 10 1500
40 7625 Avg. Manpower 1525


96 No of left emp / No of months X 12 months/ avg manpower*100%


Attrition rate 0.06

TIRUPATHIRAO
Attrition calculation - formula


Ex: Month Left Emp. Manpower
APR 10 1600
MAY 5 1525
JUN 5 1450
JULY 10 1550
AUG 10 1500
40 7625 Avg. Manpower 1525


No of left emp / No of months X 12 months/ avg manpower*100%


Attrition rate 0.06


so : 40/5x12/1525*100%