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Clarification on Attrition Formula

Last post January 5, 2011 00:31 AM by hrone. 2 repiles.
September 8, 2008 10:10 PM 1
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Join Date: August 14, 2006
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Post Date: January 5, 2011
Posts: 55
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Clarification on Attrition Formula

Hi

I have been reading that the formula for calculating Attrition Rate is : [ (No. of Attrition) * 100 ] / Average Strength

I need some clarification as to what constitutes the Average Strength for an organization.

Awaiting for response

Thanks!!

Pooja

September 8, 2008 10:122
kaushik
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Re: Clarification on Attrition Formula

Hi pooja

I guess average strength comprises of on board employee's + new joinee's in the period in which you are calculating attrition.

regards

kaushik
June 20, 2009 10:353
Srihari Raju
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Re: Clarification on Attrition Formula

Hi Pooja,

We are also practicing same formula in my organization. By the way Strengh is opening strength of employees + closing strength of employees/2

Regards

Sreehari

 
November 11, 2010 12:384
aishu.jegan
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Re: Clarification on Attrition Formula

Hi Everyone,

Yes I do agree with Mr.Srihari for the formula that he has given for the calculation of average strength. I have also interned in a company where my focus was on calculating the level of attrition.
January 4, 2011 04:145
sonal chouhan
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Post Date: January 4, 2011
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Re: Clarification on Attrition Formula

Dear All,

can you please confirm if this is most used formula of attrition in the industry, there are multiple formulae doing the rounds, and we need to finalise the formula that is most common in the industry.

How many of us are using the formula of :-

no. of resignation/avg manpower of the month*(12/no of month for which we are calcualting)*100,

where avg manpower is (Opening Bal+Closing Bal)/2

Pl do revert,

Sonal
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