Turnover Ratio

rajjii
Please help me to calculate Employee turnover ratio
sangjulie
Hi Rajji,
Kindly visit the following link:
https://www.citehr.com/search_new.ph...turnover+ratio
you will get a lot of information from here.
Hope it helps
Regards
Julie
Amitmhrm
Hi Rajji,
Attrition Rate = No. of resigned of that month/ Available manpower * 100
For example, if in any of the starting day of previous month the manpower was 80 and during that month 5 resigned and 10 joined.. then on the last day of the month Manpower would be 80-5+10 = 85
So Attrition rate = 5/85*100
Hope, the query must been solved now..
Regards,
Amit Seth.
Amitmhrm
Hi Rajii..
Welcome..
It is been done to know the attrition rate of the company month wise as well as annually.. moreover it helps the management in taking decision over Manpower Planning..
Elias Lobo
Hi Every one ,
Please help me in calcualting the EmployeR cost turnover, I need to Know the Exact ratio of calculating the Cost Turnover . Are there any Different Ratios which are calculated if yes please hlep me knowing the same.
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Cheers
elias
Shilpa Bastawade
Hello fellow member,
Whenver we are calculating Average Manpower, do we also have to take employees under Probabtion, Training or Apprenticeship.
Please help
Thanks and Regards
Shilpa
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