Hi Friends Please send me the numerical formula for the calculation of Attrition rate Pandurang
From India, Pune
Acknowledge(0)
Amend(0)
From India, Pune
Acknowledge(0)Amend(0)
Hi Pandurang,
The attrition rate can be calculated using the formula: Attrition rate = No. of resignations / Available manpower * 100.
For example, if at the beginning of the month the manpower is 200, and during that month, 10 employees joined while 5 resigned, the available manpower at the end of the month would be 200 + 10 - 5 = 205.
Therefore, the attrition rate would be calculated as: Attrition Rate = 5 / 205 * 100.
I hope this explanation has helped you understand the concept.
Regards,
Amit Seth.
From India, Ahmadabad
Acknowledge(0)Amend(0)
508The attrition rate can be calculated using the formula: Attrition rate = No. of resignations / Available manpower * 100.
For example, if at the beginning of the month the manpower is 200, and during that month, 10 employees joined while 5 resigned, the available manpower at the end of the month would be 200 + 10 - 5 = 205.
Therefore, the attrition rate would be calculated as: Attrition Rate = 5 / 205 * 100.
I hope this explanation has helped you understand the concept.
Regards,
Amit Seth.
From India, Ahmadabad
Acknowledge(0)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
Attrition Rate formula.pdf
Attrition-rate. xls
Attrition-rate- in-different-se ctors_906.jpg