Last post April 16, 2020 10:31 AM by caseykody. 2 repiles.
New joinees:50
left:30
Closing bal: 100+50-30=120
Attrition%=(30/120)*100
=25%
Am new to HR management, Thank you for your formula to calculate attrition.
Thanks
How Attrition Rate for A Month and Ayear is calculated?
The formula may also be as follows:
Attrition for the month / average (Opening for the month, Closing for the month)*100
ATTRITION RATE = ((No. Of Attritions x 100) / (Actual Employees + New Joined)) /100. Example: Actual Employees (Opening BAL) - 150 No. Of people left (Attritions) - 20 No. Of Joined - 25 So according to the formula: ((20 x 100) / (150 + 25)) / 100 Which comes to 0.1142 i.e. 11% Now as you had 150 previously and now 25 joined so it makes 150 + 25 =175 Now if you calculate 11.42% of 175 i.e. 175 x 0.1142 = 20 Which clearly shows that 175 – 20 = 155, which is your current headcount and at the same time you can say my attrition is 11.42%.