When employees leaving the organization, called attrition. This can be voluntary or involuntary attrition. Here, I am sharing the attrition calculation and formula.
ATTRITION RATE = ((No. Of Attritions x 100) / (Actual Employees + New Joined)) /100.
- Actual Employees (Opening BAL) - 150
- No. Of people left (Attritions) - 20
- No. Of Joined - 25
So according to the formula: ((20 x 100) / (150 + 25)) / 100
Which comes to 0.1142 i.e. 11%
Now as you had 150 previously and now 25 joined so it makes 150 + 25 =175
Now if you calculate 11.42% of 175 i.e. 175 x 0.1142 = 20
This clearly shows that 175 – 20 = 155, which is your current headcount and at the same time you can say my attrition is 11.42%.
That shows you lost 20 employees of 150 and 25 more joined which makes count to 175.
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