Attrition Formula:
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Attrition percentage measures the rate at which employees leave an organization voluntarily or involuntarily. It's a key HR metric that helps organizations understand employee turnover patterns and retention effectiveness.
The calculator uses the attrition formula:
Where:
Explanation: The formula calculates what percentage of the average workforce left during a specific period.
Details: Tracking attrition helps organizations identify retention problems, calculate hiring needs, and measure the effectiveness of employee engagement initiatives. High attrition can indicate workplace issues and lead to increased recruitment costs.
Tips: Enter the number of employees who left during the period and the average number of employees during that same period. Both values must be positive numbers (average employees cannot be zero).
Q1: What's a good attrition rate?
A: Ideal rates vary by industry, but generally 10-15% is considered normal in many sectors. Rates significantly higher may indicate problems.
Q2: How often should attrition be calculated?
A: Typically calculated monthly, quarterly, and annually for trend analysis.
Q3: What's the difference between attrition and turnover?
A: Attrition refers to positions that are eliminated or not filled after departure, while turnover includes all departures with positions typically being refilled.
Q4: Should voluntary and involuntary attrition be separated?
A: Yes, analyzing them separately provides better insights into different workforce dynamics.
Q5: How can high attrition be reduced?
A: Strategies include improving workplace culture, offering competitive compensation, career development opportunities, and better work-life balance.