No Tags Found!


anujsaini6@gmail.com
24

I generate MIS report and in which we need to put attrition formula but I am bit confused in it.
Attrition Rate = ((No. of Exit x 100) / (Opening Balance + No. of New Joining) / 100))
Kindly check it and let me know that it is right or wrong.

From India, Dehra Dun
HR_learning2006
45

Please keep in mind that while calculating Attrition, we have to take into consideration only Employees who have left organisation on their own. Employees who are Desired Separations or who were asked to quit the organisation should not be considered in your Attrition Rate.
Hence the formula can be as mentioned below :
Attrition Rate = Total No. of employees left on their own/Opening balance of manpower at the start of period + new additions during the period + transfers in the division/department * 100

From India, Mumbai
bajikrish
1

Attrition Rate: Total No. of left / Opening balance*100 Regards Balaji
From India, Coimbatore
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.