nivritti
hi guys...
can anyone tell me about the formulae to calculate:
1. monthly annualized employee attrition rate
2. Quarter to date annualized attrition rate
3. YTD annualized attrition rate.
what i could deduce logically was:
1. for monthly =[ no. of exits in the month/(avg head count for the month)]*12 *100
2. QTD annualized = [no of exits till date in the qtr/(avg head count till date in qtr)]*4*100
3. YTD annualized = [no. of exits till date in the year/(avg head count till date in the year)*100
Just want to confirm the above... Please if anyone could help me out with the above, it would be really great.
Thanks in advance...
Natasha

From India, Bangalore
chitragya
7

Pls note that how to calculate the attrition rate on annual basis: Total No. of employees left/ On Roll Position X 1000 Hope the above will suffice your queries. Thanks, Chitragya
From India, New Delhi
deepa21
2

hi
Have seen lots of post for attrition calculation but still a chaos is ther as to what is the right method to calculate attrition sply when we want to calculate on a mnthly & qtlr basis.Pls clear me on this whether the method provided by Nivritti is correct or it is the same generalized method as mentioned below for calculating mnthly/qtly /annualy attritions :
((no. Of attritions x 100) / (Actual Employees + New Joined)) /100.
Also in this method i don't undertsd d logic as to why we multiply 100 with no. of attritions????
Eagerly waiting for the reply with logic from experts.
Thanks
Deepa

From India, Gurgaon
deepa21
2

waiting for d reply pls sum1 clear me on this............. i need this on urgent basis pls help. Deepa
From India, Gurgaon
pandurang
Hi Deepa,
As per my study & the material with me,
Attrition rate = No. of resignation / Available manpower *100
Example- If 1st of any of the month the Manpower is 200, during that particular month 10 employees Joined whereas 5 resigned, so at the end of the month the available manpower would be
Available Manpower = 200+10-5 = 205
Attrition Rate = 5 / 205 *100
Hope it must have helped you to understand the same...
Pandurang

From India, Pune
Kumar H P
53

Hi Nivriti,
I do agree with pandurang but one small correction regd the placement of 100
Attrition rate :
Attrition rate = No. of resignation / Available manpower *100 as given by Pandurang
Attrition rate = (No. of resignation / Available manpower )*100
You can check what difference it makes.
Truly Yours,
Kumar.H.P

From Hong Kong
Gopala Krishna
1

Dear All,
We are calculating the Attrition Rate by using the following formula.....
Attrition Numbers
_______________________________________________ * 100
(Toatal No.of employees - Attrition Numbers )
regards
GK

From India, Madras
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