Hi Seniors, I have been in HR for a couple of years now, and all of a sudden, I have gone blank in calculating attrition. Kindly check the formula below and correct me if I'm wrong.
Attrition Calculation Formula
{Employees Left for the month / [(Opening Head Count + Closing Head Count) / 2]} * 100
This formula is for calculating monthly attrition, I suppose. Taking the average of every month gives annual attrition?
Thank you.
From India, Madras
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5Attrition Calculation Formula
{Employees Left for the month / [(Opening Head Count + Closing Head Count) / 2]} * 100
This formula is for calculating monthly attrition, I suppose. Taking the average of every month gives annual attrition?
Thank you.
From India, Madras
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Dear Pradeep,
Employee Statistics for June 2012
- Employee Left: 10
- Number of employees as of 01st June 2012: 200
- Number of employees joined: 3
- Number of employees as of 30th June 2012: 198
- Attrition Rate: 5.03%
For further clarification, feel free to write or discuss.
Regards
From India, Mumbai
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Employee Statistics for June 2012
- Employee Left: 10
- Number of employees as of 01st June 2012: 200
- Number of employees joined: 3
- Number of employees as of 30th June 2012: 198
- Attrition Rate: 5.03%
For further clarification, feel free to write or discuss.
Regards
From India, Mumbai
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Future of HR Metrics.ppt
ATTRITION CALCULATION.pdf
Hr metrics.doc