Attrition - definition and formula

Human Resources » Attrition and Retention

	Message From: Priya Sharma	Total Posts: 2	Join Date: 10/01/2010
Rank: Beginner	Post Date: 01/02/2010 13:59:16	Points: 10	Location: India

Attrition is the reduction in the number of employees through resignation,retirement and death.

Attrition rate is the percentage of people leaving the organization,people left i.e relative to total number of people who have worked for the organization under consideration.

O bal: 100

New joinees:50

left:30

Closing bal: 100+50-30=120

Attrition%=(30/120)*100

=25%

	Message From: RBSAIADITHIYA	Total Posts: 7	Join Date: 10/01/2010
Rank: Beginner	Post Date: 22/03/2010 12:53:43	Points: 35	Location: India

SHORT AND SIMPLE

TKS

	Message From: G BALASUBRAMANIAN	Total Posts: 15	Join Date: 10/01/2010
Rank: Executive	Post Date: 23/03/2010 01:15:12	Points: 75	Location: India

Dear Friend, Please go through our CHRM topic on your left side of the screen You will get plenty of formulas and explanation. Thanks. G Balasubramanian

	Message From: SheenaB	Total Posts: 1	Join Date: 10/01/2010
Rank: Beginner	Post Date: 21/09/2010 02:42:21	Points: 5	Location: India