Attrition rate is been calculated on the basis of available Manpower and number of resigned employees in the month…
The formula is…
Attrition Rate = Number of Resigned/Available Manpower*100
For example if in the previous month the manpower was 100. During that month 10 resigned and 20 recruited.. So the available manpower would be 100-10+20 = 110
Attrition rate = 10/110*100
Click Here To Download Attrition Calculation
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Very usefull information regarding HR department.
thanks & regards,
Loganathan.G
Thanks for sharing