In the context of calculating 0-90 days attrition, organizations typically track the number of employees who leave within the first 90 days of their employment. This metric is crucial as it helps in identifying trends and potential issues in the recruitment and onboarding processes. Here is a practical guide on how this attrition rate can be calculated:
- Step 1: Determine the total number of employees who joined the organization within a specific period (e.g., quarterly).
- Step 2: Identify the number of employees who have left the organization within the first 90 days of joining.
- Step 3: Divide the number of employees who left within 0-90 days by the total number of employees who joined during the same period.
- Step 4: Multiply the result by 100 to get the attrition rate as a percentage.
🔊 It's important to analyze this attrition rate regularly to understand turnover patterns and take proactive measures to improve employee retention within the critical initial period of employment.