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Attrition rate calculation

May 24, 2010 06:48 AM 1
Total Posts: 2
Join Date: May 24, 2010
Rank: Beginner
Post Date: January 1, 1970
Posts: 2
Location: India

Attrition rate calculation

Hi,

 

Im Sneha.

Im doing my summer internship project on Attrition Rate.

i have calculated attrition rate monthly as follows,

if number of employees left organisation=10

actual strength=100 (new joinings+existing employees)

Attrition Rate=10/100*100 = 10 %

But if we multiply it by 12 (for 12 months), then it comes to 120%.

(and i think its not correct).

 

please tell me the proper formula for calculating attrition rate.