How Do You Calculate Attrition Rate? Seeking Formula and Example for Clarity

Hi,

Can anybody tell me how to calculate the attrition rate of an organization? It would be helpful if you could provide me with the formula along with an example. :idea:

Thanks and Regards,
Wricha

Hi,

There are a lot of topics under "Attrition" in this forum. I read them a few weeks ago but don't recollect the exact ID of it. Just do a search for "Attrition," and you could see all the listed ones there. You could find it there.

~ Harry

Hi Wricha,

Thanks for your reply. Actually, I searched all the postings on this site, and I am new here, so I don't know much about using this site. Could you please tell me how to do a search here?

Regards,
Wricha

Hi again,

Well, at the top of this page, towards the left corner, you could see these lines: "Send CiteHR Invitation, News | Toolbar | Bookmark | Consultants." Under this, you could see a text box displaying "Quick Search," and next to it, there is a "Go" button. So, just enter the term "Attrition" and click Go. Hundreds of results will be displayed. Have a detailed look at them and choose the one that suits you best.

Anyway, I did a search for you. Take a look at this topic. I hope this will help you out. #26973

If you could not find it, here is the equation for your reference:
Total Number of Resigns per month (whether voluntary or forced) divided by (Total Number of employees at the beginning of the month plus total number of new joiners minus total number of resignations) multiplied by 100.
Source: Rajat Joshi (CiteHR Honored Member)

Let me know if you still face any problems.
~ Harry

Hi Harry,

Thank you for taking the time to explain things to me so clearly. I truly appreciate your help and the way you communicated the information. It was very helpful and greatly appreciated.

Thanks and Regards,
Wricha 😊