Attrition in an organization simply refers to resignations in a particular month,quarter or year.To simplify it further, it refers to the number of employees who leave an organization.And formula for calculation fo attrition % is
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%
Hope this clarification will help you with fair enough understanding on Attrition analysis.
Attrition in an organization simply refers to resignations in a particular month,quarter or year.To simplify it further, it refers to the number of employees who leave an organization.And formula for calculation fo attrition % is
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%
Hope this clarification will help you with fair enough understanding on Attrition analysis.
Attrition in an organization simply refers to resignations in a particular month,quarter or year.To simplify it further, it refers to the number of employees who leave an organization.And formula for calculation fo attrition % is
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%
Hope this clarification will help you with fair enough understanding on Attrition analysis.
eAnswers Team
Attrition in an organization simply refers to resignations in a particular month,quarter or year.To simplify it further, it refers to the number of employees who leave an organization.And formula for calculation fo attrition % is
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%
Hope this clarification will help you with fair enough understanding on Attrition analysis.
eAnswers Team
Attrition in an organization simply refers to resignations in a particular month,quarter or year.To simplify it further, it refers to the number of employees who leave an organization.And formula for calculation fo attrition % is
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%
Hope this clarification will help you with fair enough understanding on Attrition analysis.
eAnswers Team
Attrition in an organization simply refers to resignations in a particular month,quarter or year.To simplify it further, it refers to the number of employees who leave an organization.And formula for calculation fo attrition % is
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%
Hope this clarification will help you with fair enough understanding on Attrition analysis.