Dear friends, Can anyone help me to findout the Attrition rate please post the formula and procedure it will be helpful to me ........ Thanks&Regards Selva
From India, Bangalore
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From India, Bangalore
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Hi Selva,
Please find the formula to find out the Attrition rate.
Attrition% = No. of Employees Quit / Avg. Employees during that time frame * 100
I hope it will clear your query.
Thanks & Regards,
Vani
From India, Secunderabad
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29Please find the formula to find out the Attrition rate.
Attrition% = No. of Employees Quit / Avg. Employees during that time frame * 100
I hope it will clear your query.
Thanks & Regards,
Vani
From India, Secunderabad
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Dear friends,
Can anyone help me to find out the attrition rate? Please post the formula and procedure; it will be helpful to me.
Thanks & Regards,
Selva
To find out the attrition rate formula:
[ text{Attrition Rate} = frac{text{Total number who have left}}{(text{Opening balance} + text{Closing balance})/2} times 100 ]
To find out the closing balance:
[ text{Closing balance} = text{Opening balance} + text{Who have joined} - text{Who have left} ]
Regards,
Baljeet Kaur
From India, Gurgaon
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Can anyone help me to find out the attrition rate? Please post the formula and procedure; it will be helpful to me.
Thanks & Regards,
Selva
To find out the attrition rate formula:
[ text{Attrition Rate} = frac{text{Total number who have left}}{(text{Opening balance} + text{Closing balance})/2} times 100 ]
To find out the closing balance:
[ text{Closing balance} = text{Opening balance} + text{Who have joined} - text{Who have left} ]
Regards,
Baljeet Kaur
From India, Gurgaon
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Dear friends,
Can anyone help me to find out the attrition rate? Please post the formula and procedure; it will be helpful to me.
Thanks & Regards,
Selva
To find out the attrition rate formula:
Attrition Rate: Total number who have left / ((Opening balance + Closing balance) / 2) * 100
To find out the closing balance: (Opening balance + who have joined - who have left)
Regards,
Baljeet Kaur
From India, Gurgaon
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Can anyone help me to find out the attrition rate? Please post the formula and procedure; it will be helpful to me.
Thanks & Regards,
Selva
To find out the attrition rate formula:
Attrition Rate: Total number who have left / ((Opening balance + Closing balance) / 2) * 100
To find out the closing balance: (Opening balance + who have joined - who have left)
Regards,
Baljeet Kaur
From India, Gurgaon
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Attrition is also calculated on an annualized basis. The formula for this is: Annualized Attrition = (Total number of attrition in 'x' months / Average number of employees for 'x' months) * (12/'x' months) For example, until July 31, 2010, you had a total of 60 employees who have attrited, and your average manpower for this period was 1212 employees (financial year considered i.e. April to March period), then your calculation shall be: (60/1212)*(12/4)
From India, Mumbai
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From India, Mumbai
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Well, with this calculation, the attrition rate is calculated on a yearly basis only. If you want to find out the attrition rate on a monthly basis, you have to multiply it by 12. This means:
Attrition Rate = Number of Employees Left / Total Number of Employees for the same period * 100 * 12
Similarly, for a 6-month period:
Attrition Rate = Number of Employees Left / Total Number of Employees for the same period * 100 * 6
I hope this explanation helps you understand the calculation better.
Regards,
Ankit
From India, Vadodara
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Attrition Rate = Number of Employees Left / Total Number of Employees for the same period * 100 * 12
Similarly, for a 6-month period:
Attrition Rate = Number of Employees Left / Total Number of Employees for the same period * 100 * 6
I hope this explanation helps you understand the calculation better.
Regards,
Ankit
From India, Vadodara
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Nice discussion. Can you provide me with the rate of attrition for the following example? Sixteen employees have left within four years in a department that has a total strength of 14 employees. For 1.5 years, the department was maintained by 12 officers.
Regards
From India, Mumbai
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Regards
From India, Mumbai
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Dear Neeraj, As per your query- I think Attrition rate: 30.18 Plz confirm it is correct or not if not Plz clarify me Regards, Madhu.
From India, Mumbai
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From India, Mumbai
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Attrition Rate: Attrition Calculation - Formula
Ex: Month Left Emp. Manpower
APR 10 1600
MAY 5 1525
JUN 5 1450
JULY 10 1550
AUG 10 1500
Total: 40 7625
Avg. Manpower: 1525
Attrition Rate: 0.06
In the calculation above, the attrition rate is determined by dividing the number of employees who left in a given period by the number of months, then multiplying by 12 months, and finally dividing by the average manpower, all multiplied by 100%.
Corrected and formatted the content for better readability.
From India, Khammam
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Ex: Month Left Emp. Manpower
APR 10 1600
MAY 5 1525
JUN 5 1450
JULY 10 1550
AUG 10 1500
Total: 40 7625
Avg. Manpower: 1525
Attrition Rate: 0.06
In the calculation above, the attrition rate is determined by dividing the number of employees who left in a given period by the number of months, then multiplying by 12 months, and finally dividing by the average manpower, all multiplied by 100%.
Corrected and formatted the content for better readability.
From India, Khammam
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TIRUPATHIRAO
Attrition Calculation - Formula
Ex: Month Left Emp. Manpower
APR 10 1600
MAY 5 1525
JUN 5 1450
JULY 10 1550
AUG 10 1500
Total 40 7625 Avg. Manpower 1525
Attrition rate: 0.06
Therefore: 40/5 x 12 / 1525 * 100%
From India, Khammam
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Attrition Calculation - Formula
Ex: Month Left Emp. Manpower
APR 10 1600
MAY 5 1525
JUN 5 1450
JULY 10 1550
AUG 10 1500
Total 40 7625 Avg. Manpower 1525
Attrition rate: 0.06
Therefore: 40/5 x 12 / 1525 * 100%
From India, Khammam
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Attrition Rate formula.pdf
Calculation of Attrition Rate.doc