Dear friends My name is karthic , iam working in TVS Group.Can any one help me out in finding the attrition rate.
From India, Madras
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From India, Madras
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Dear friends,
My name is Karthic, and I am working in the TVS Group. Can anyone help me out in finding the attrition rate?
Dear Karthic,
Please find below the Attrition calculator:
Attrition% = Number of employees moved out of the company during the period / Number of employees in the organization * 100
This calculation will provide you with the percentage of attrition.
Warm Regards,
Shroff M
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My name is Karthic, and I am working in the TVS Group. Can anyone help me out in finding the attrition rate?
Dear Karthic,
Please find below the Attrition calculator:
Attrition% = Number of employees moved out of the company during the period / Number of employees in the organization * 100
This calculation will provide you with the percentage of attrition.
Warm Regards,
Shroff M
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Attrition rate is the number of employees who left divided by the total number of employees, expressed as a percentage. To calculate this rate accurately, you should use the average number of employees in the denominator. This means adding the opening balance and closing balance together and then dividing by 2 to get the average number of employees.
From India
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26From India
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Hey Dear Friend, Please find the attached copy of attrition rate of calculation Regards, ac_prabha
From India, Bangalore
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From India, Bangalore
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hai karthik i hev sme material chk whether it can be any usse for u
From India, Hyderabad
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From India, Hyderabad
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Hi,
There are two practices being followed by organizations to calculate the attrition rate:
1) Number of exits in the month / (number of employees at the beginning of the month + new joinings) * 100
2) Number of exits in the month / {(number of employees at the beginning + number of employees at the end of the month) / 2} * 100
In both cases, you will find very little difference in the attrition rate. Just for your information, many MNCs and big companies follow formula number 2 to determine their attrition rate.
Regards,
Anup
From India, Hyderabad
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There are two practices being followed by organizations to calculate the attrition rate:
1) Number of exits in the month / (number of employees at the beginning of the month + new joinings) * 100
2) Number of exits in the month / {(number of employees at the beginning + number of employees at the end of the month) / 2} * 100
In both cases, you will find very little difference in the attrition rate. Just for your information, many MNCs and big companies follow formula number 2 to determine their attrition rate.
Regards,
Anup
From India, Hyderabad
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Hello Kartik, Attrition rate for a month . (head count in the begining of the month / head count at the end of the month) * 100
From India, Bangalore
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From India, Bangalore
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Hello Kartik, Please find enclosed an attchment. You can calculate Attrition rate, with the help of this attachment. Regards,
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Hi Karthik, Please use this to calculate the attrition on a monthly basis. Regards Vijay
From India, Hyderabad
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From India, Hyderabad
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Hi,
Attrition rate can be calculated either quarterly or yearly. It would be better if it is calculated at the year-end, mostly the financial year, so that the company gets a fair idea of how many employees have been disassociated with the organization in the year.
The formula: number of resignations / total number of employees as of the date * 100 will give the attrition rate. This is what we use in our organization.
Friends, please let me know if I am wrong.
Regards,
Kavita
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Attrition rate can be calculated either quarterly or yearly. It would be better if it is calculated at the year-end, mostly the financial year, so that the company gets a fair idea of how many employees have been disassociated with the organization in the year.
The formula: number of resignations / total number of employees as of the date * 100 will give the attrition rate. This is what we use in our organization.
Friends, please let me know if I am wrong.
Regards,
Kavita
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Hi deeps can u send me that attrition rate document which you r sending to karthik. Regards- Arshiya
From India, Delhi
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From India, Delhi
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Hi,
Thank you for the useful attrition calculator.
I have a query - When we talk about attrition in a software company, for example, do we consider the total number of employees to include non-engineering employees, such as staff and salespeople, or do we only take into account engineering employees in the calculation?
Regards,
Pinaki Das
Interra Information Technologies
From India, Delhi
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Thank you for the useful attrition calculator.
I have a query - When we talk about attrition in a software company, for example, do we consider the total number of employees to include non-engineering employees, such as staff and salespeople, or do we only take into account engineering employees in the calculation?
Regards,
Pinaki Das
Interra Information Technologies
From India, Delhi
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Calculation of Attrition Rate.doc
Future of HR Metrics.ppt