Last post January 5, 2010 05:23 AM by raunakalkem. 1 repiles.
No of formulas are there for attrition calculation. Its based on the organization practice.
As per my organization practice
No of Attritions/((Opening Strength of Employees + closing strenght of employees)/2)*100
I hope its helpful to you
I have some suggestion abt this regard. formula would be no.of employyes regined in the month*100/available manpower
I use the following formule for calculating the Annual Attrition Rate.
[(Total Attrition - Total New Recruits )*100]/Head count at the begining of the year.