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Calculation of Attrition Rate
Human Resources » Performance & Seperations


Chrm Message From: prashantthakkar Total Posts: 37 Join Date: 22/08/2006
Rank: Executive Post Date: 15/09/2006 12:54:16 Points: 185 Location: India

Dear Friends,

Can any one help me in understanding how attrition % is calculated. I'm trying to understand the process what we follow is as per industry or not.

We calculate as follows:

Formula : Attrition for the month/Total Headcount * 100

Ex : 3012 Headcount for the month (Last month Headcount 2812 + 200 new joinees) 65 resignations for the month.

65/3012 * 100 = 2.15% I'm not convinenced with the formula......

We recruit every month 200 - 250 members (continuous recruitment), should we include new joinees while calculating attrition % ? if so, we will not know correct % any time.

Regards,

Prashant Thakkar

 

 
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