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Attrition Rate - Please explain the attached Excel - CiteHR

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Anonymous
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Hi, Can anybody help on Attrition Rate? Please explain the attached Excel
From India, Delhi
Attached Files (Download Requires Membership)
File Type: xls Attrition Rate1011 .xls (12.5 KB, 692 views)

Subhabrata Dasgupta
4

Suppose on 1st of any month no of employees= 250
Employee joined during the month= 20
Employee left during the month= 5
Total no of employees excluding leaving= 250+20=270
Attrition rate = 5/ 270 x 100= 1.85%
The calculation shown in the excel sheet is, in my supposition is wrong.

From United States, Chicago
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