{"version":"1.0","provider_name":"HR Letter Formats","provider_url":"https:\/\/www.yourhrworld.com\/formats","title":"Formula to Calculate Avg Annual Attrition Rate  - HR Letter Formats","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"nN6VO3aZiL\"><a href=\"https:\/\/www.yourhrworld.com\/formats\/hr\/formula-to-calculate-avg-annual-attrition-rate\/\">Formula to Calculate Avg Annual Attrition Rate<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/www.yourhrworld.com\/formats\/hr\/formula-to-calculate-avg-annual-attrition-rate\/embed\/#?secret=nN6VO3aZiL\" width=\"600\" height=\"338\" title=\"&#8220;Formula to Calculate Avg Annual Attrition Rate&#8221; &#8212; HR Letter Formats\" data-secret=\"nN6VO3aZiL\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script>\n\/*! This file is auto-generated *\/\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n\/\/# sourceURL=https:\/\/www.yourhrworld.com\/formats\/wp-includes\/js\/wp-embed.min.js\n<\/script>\n","description":"1. While calculating the attrition formula both confirmed and probationary employees are considered. 2. Yes, absconding employees are also considered. Attrition is calculated for all the employees who leave the organisation irrespective of the reason..whether absconded or terminated etc. 3. There are thre formulae used for attrition calculation: Monthly Attrition Rate, Annual Attrition Rate and Annualised Attrition Rate. Monthly Attrition = (No. of Employees left in Current Month\/Avg Headcount)*100 {Average HC = (Employee Strength at the Start of the month+Employee Strength at the end of the month)\/2 } Annualised Attrition: Incase of Annualised attrition calculation, based on the current attrition"}