Hi All, Can anyone send me the formula to calculate the Attrition and Retention rate. Thnx!! Cheers, Ruchi
From India, Madras
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1From India, Madras
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Dear Ruchi,
The formula for Attrition is:
(Number of employees resigned / Average manpower) * 100.
Average Manpower = (Opening Manpower + Closing manpower) / 2.
*Opening/Closing manpower could be either the calendar year beginning or financial year beginning, whichever you follow.
Regards,
Sunaina
From India, Chandigarh
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The formula for Attrition is:
(Number of employees resigned / Average manpower) * 100.
Average Manpower = (Opening Manpower + Closing manpower) / 2.
*Opening/Closing manpower could be either the calendar year beginning or financial year beginning, whichever you follow.
Regards,
Sunaina
From India, Chandigarh
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Hi, The formula for Attrition is as follows:- ((no. Of attritions x 100) / (Actual Employees + New Joined)) /100. Abhishek
From India, Delhi
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From India, Delhi
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Dear Ruchi,
Please refer to the attachments. It might be of some use to you!
I am so sorry, but there is some problem today at my end - I am unable to upload or attach any file. Sorry, guys :(
On second thoughts, why don't you guys search the words attrition, retention, or similar words here on this site itself? You will find hoards of information. Still, in case you would like to get more details, contact me with your email IDs.
Regards, Bharathi.
From United States
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Please refer to the attachments. It might be of some use to you!
I am so sorry, but there is some problem today at my end - I am unable to upload or attach any file. Sorry, guys :(
On second thoughts, why don't you guys search the words attrition, retention, or similar words here on this site itself? You will find hoards of information. Still, in case you would like to get more details, contact me with your email IDs.
Regards, Bharathi.
From United States
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Dear,
Attrition can be calculated using the formula:
Attrition = (employees left * 100) / (opening balance in a month + number of employees joined in a month + number of employees left + number of employees at the end of the month)
For example: If there were 100 employees at the start of the month, 10 new employees joined during the month, 25 employees left, and finally, you are left with 85 employees at the end of the month.
Using the formula:
Attrition = (25 * 100) / (100 + 10 + 25 + 85)
The percentage answer is 11.36%.
Manoranjan
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Attrition can be calculated using the formula:
Attrition = (employees left * 100) / (opening balance in a month + number of employees joined in a month + number of employees left + number of employees at the end of the month)
For example: If there were 100 employees at the start of the month, 10 new employees joined during the month, 25 employees left, and finally, you are left with 85 employees at the end of the month.
Using the formula:
Attrition = (25 * 100) / (100 + 10 + 25 + 85)
The percentage answer is 11.36%.
Manoranjan
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Dear All,
I am a bit confused about which formula to follow. Can someone help me clarify which one would be the proper one to use?
Attrition = employees left * 100 / (opening balance in a month + no of employees joined in a month + no of employees left + no of employees at the end of the month)
No of employees resigned / Average manpower) * 100
((no. Of attritions x 100) / (Actual Employees + New Joined)) / 100
Regards,
Mythili.A
From India, Hyderabad
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I am a bit confused about which formula to follow. Can someone help me clarify which one would be the proper one to use?
Attrition = employees left * 100 / (opening balance in a month + no of employees joined in a month + no of employees left + no of employees at the end of the month)
No of employees resigned / Average manpower) * 100
((no. Of attritions x 100) / (Actual Employees + New Joined)) / 100
Regards,
Mythili.A
From India, Hyderabad
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I am still confused with the formulas given for calculation of attrition Can somebody send me the formulas for calculation of retention and attrition.
From India, Jaipur
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From India, Jaipur
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Dear Apnesh,
Could you kindly explain where the confusion lies? Do you have any figures for the number of people who have left the section/department/organization and the numbers at the beginning and end of the period under consideration?
Have a nice day.
Simhan
From United Kingdom
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Could you kindly explain where the confusion lies? Do you have any figures for the number of people who have left the section/department/organization and the numbers at the beginning and end of the period under consideration?
Have a nice day.
Simhan
From United Kingdom
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ATTRITION CALCULATION.pdf
Attrition Control and Retention Strategies for Changing times.ppt