Hi,
Could anybody please clarify the attrition formula for me? I have gone through various posts and am a bit confused about it.
Hypothetical Example:
Opening Headcount: 2812
200 new joiners
65 resignations for the month
Thus, the closing Headcount = 2812 + 200 - 65 = 2947
Is it:
1. Attrition for the month/Total Headcount * 100 = (65/(2812+200)) * 100 = 2.15% or,
2. Attrition for the month/(Opening Headcount + Closing Headcount)/2 * 100 = 65/(2812+2947)/2 * 100 = 2.25%
From India, Calcutta
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2Could anybody please clarify the attrition formula for me? I have gone through various posts and am a bit confused about it.
Hypothetical Example:
Opening Headcount: 2812
200 new joiners
65 resignations for the month
Thus, the closing Headcount = 2812 + 200 - 65 = 2947
Is it:
1. Attrition for the month/Total Headcount * 100 = (65/(2812+200)) * 100 = 2.15% or,
2. Attrition for the month/(Opening Headcount + Closing Headcount)/2 * 100 = 65/(2812+2947)/2 * 100 = 2.25%
From India, Calcutta
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Dear Soumita,
Please see the posts at https://www.citehr.com/927-attrition...lculation.html. Rajat Joshi has given a good explanation. It does not matter which of the two alternatives you use; you need to be consistent in its use to compare figures from one period to another.
Have a nice day.
Simhan
A retired academic in the UK
From United Kingdom
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Please see the posts at https://www.citehr.com/927-attrition...lculation.html. Rajat Joshi has given a good explanation. It does not matter which of the two alternatives you use; you need to be consistent in its use to compare figures from one period to another.
Have a nice day.
Simhan
A retired academic in the UK
From United Kingdom
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Future of HR Metrics.ppt
ATTRITION CALCULATION.pdf
Hr metrics.doc