Curious About Insurance Industry Attrition Rates? Let's Discuss What You've Seen

Dear All,

Can anybody tell me what the attrition rate is in the insurance industry?

Regards,
Vinayak

Hi,

The attrition rate is around 35% according to the latest report. Check the following sites; they may be useful.

Regards,
Lavanya. 😀

Hi,

The attrition rate is around 35% according to the latest report. Check the following sites, they may be useful:

- [The Hindu Business Line](http://www.thehindubusinessline.com/2005/03/10/stories/2005031001930600.htm)
- [Hewitt Associates](http://www.hewittassociates.com/Intl/AP/en-IN/AboutHewitt/Newsroom/PressReleases/2008/february-19-2008.aspx)

Regards,
Lavanya.

Hi, Can you tell me what the attrition rate is in the infrastructure industry in Bangalore?

Manjusha.

Hi,

The attrition rate is around 35% according to the latest report. Check the following sites, they may be useful:

- http://www.thehindubusinessline.com/...1001930600.htm
- http://www.hewittassociates.com/Intl...y-19-2008.aspx

Regards,

Lavanya.

Ms. Lavanya,

I am not understanding if this attrition we are talking about is on a monthly basis or for the entire year. Could you please clarify?

Regards,
PT Rameshan

Hi Rameshan,

The attrition rate refers to the general attrition rate in the given industry for a specific year and not on a monthly basis.

Regards,
Lavanya

Hi Lavanya,

The attrition rate talks about the general attrition rate in the given industry for a given year and not on a monthly basis.

Regards,
Lavanya

Hi Lavanya,

I just wanted to check how you go about calculating attrition per se. I have worked with multiple companies and have noticed the different ways they calculate attrition. Is there any standard formula that is used?

Thanks,
A

Hi, Lavanya

Whatever percentage you quote, is it for a month or per annum? Please clarify.

Regards,
PT Rameshan

Hi all,

This is Santosh here. I am one of the Senior Team Leaders. I just happened to discover this site while browsing. It's really good to read. However, I want to have some control over attrition. Can anyone help me by emailing or teaching me how to calculate attrition in the system if any?

Please share your knowledge with me.

Santosh Kumar

Hi Priya,

I am attaching a format for your help. I am also providing the link for more examples:
Link -> https://www.citehr.com/download-list...uery=Attrition

Hope it helps.

Regards,
Raghav V