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
Rank: Beginner
Post Date: 22/03/2010 12:53:43
Points: 35
HI
SHORT AND SIMPLE
TKS
Message From:G BALASUBRAMANIAN
Total Posts:15
Rank: Beginner
Post Date: 23/03/2010 01:15:12
Points: 75
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
