Last post July 4, 2011 01:20 AM by bharatiattal. 1 repiles.
Could anybody of you tell me, in the calculation of Attrition rates, Temporary, Part time employee's termination/ resignations?
I would highly appreciate if anybody could help me to get the answer for this??
We make quarterly attrition reports in our organisation. This is how we proceed:
Number of employees at the beginning of the month: 50
Present headcount (number of employees at the end of the month): 50-10+5= 45
Attrition rate: (10/45)*100= 22%
Hope this helps.
Thanks and Regards,
Attrition%=(No. of Employees Quit) /(Avg. Employees during that time frame) %100 Inputs for computing Annualized Value is Monthly – Multiply the Value by 12 Quarterly – Multiply the Value by 4 Half Yearly – Multiply the value by 2 Annual – Do not multiply :-) Just to elaborate with example with respect to data shared below is: If in a month there are 65 no. of quit cases and average no. of emp strength till date was 3012 then: Attirition%YTD=65/3012*100=2.15% hence,monthly attrition %(YTD) for that month will be 2.15%*12=25.8%
Attrition % = No of employees Left during the period/Balance employees*100
Hope this will help