All formulas are very useful. But please explain the above specially Human Economic Value Added, Human Market Value Added, Human Capital ROI with few examples.
Regards,
Arindam Choudhury
Hi Anil / Peer
What is mean by form 1 & form 2 attrition and how to calcuate this two types of attrition what will be the end result by calculating this form 1 & form 2 attrition....
By the way this posting is very useful thanks for sharing the information in forum...
Thanks & Regards,
Charan Kedar.C.
+91 98407 18607...
College Accession Rate (College Add Hires + College Replacement Hires) / Head Count
External Add Rate External Add Hires / Head Count
Internal Add Rate Internal Add Hires / Head Count
College Add Rate College Add Hires / Head Count
External Replacement Rate External Replacement Hires / Head Count
Internal Replacement Rate Internal Replacement Hires / Head Count
College Replacement Rate College Replacement Hires / Head Count
External Cost per Hire (External Hiring Cost X 1.1 Factor) / External Hires
Internal Cost per Hire (Internal Hiring Cost X 1.1 Factor) / Internal Hires
Collegel Cost per Hire (College Hiring Cost X 1.1 Factor) / College Hires
External Cost per Hire Breakdown External Hiring Cost by Category / (External Hiring Cost X 1.1 Factor) Internal Cost per Hire Breakdown Internal Hiring Cost by Category / (Internall Hiring Cost X 1.1 Factor) External Time to Fill External Days to Fill / External Hires
Internal Time to Fill Internal Days to Fill / Internal Hires
External Time to Start External Days to Start / External Hires
Internal Time to Start Internal Days to Start / Internal Hires
Hi,
So,attrition is not calculated as:
No. of attritions in a month/(Op HC+Cl HC)/2*100?
That way,cl HC would be op HC of previous month+new joinees-attritions.
But,your formula's denominator says (Headcount at the start of the period + Heads recruited during the period).that leaves out the attrition submission.....
I'm hignly confused reading all the posts on this formula.Pls. clarify.
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