hi all can anybody plz tell me what is the diferebnce between turnover and attrition? it will be gr8
From India, Mumbai
4From India, Mumbai
Hi Ishita
I think that both of them are same.....
Employee Attrition rate is same as Employee Turnover Rate... That is the ratio of the number of workers that had to be replaced in a given time period to the average number of workers in the company
From India, Ahmadabad
I think that both of them are same.....
Employee Attrition rate is same as Employee Turnover Rate... That is the ratio of the number of workers that had to be replaced in a given time period to the average number of workers in the company
From India, Ahmadabad
I have written a short guide to the various definitions of employee turnover, employee attrition etc and how to calculate employee turnover.
You can download the guide using this link:
http://www.employee-retention-guide.com/Calculating.pdf
Col
From United Kingdom, London
You can download the guide using this link:
http://www.employee-retention-guide.com/Calculating.pdf
Col
From United Kingdom, London
hi ishita'
According to me
turnover is the number of workers hired by an establishment to replace those who have left in a given period of time. so u can say its just an abrupt change or reversal in workforce.
whereas'
attrition is the a reduction in the number of employees through retirement, resignation or death".
"the rate of shrinkage in size or number"
these are the text difference between d two.
animesh
According to me
turnover is the number of workers hired by an establishment to replace those who have left in a given period of time. so u can say its just an abrupt change or reversal in workforce.
whereas'
attrition is the a reduction in the number of employees through retirement, resignation or death".
"the rate of shrinkage in size or number"
these are the text difference between d two.
animesh
Attrition is the gradual reduction in the workforce through resignation, retirement and death.
Turnover is a change in the workforce due to quits, discharge and layoff.
The difference being that in one case the workforce is reduced while in the other it is, in the least, maintained or expanded.
From United States,
Turnover is a change in the workforce due to quits, discharge and layoff.
The difference being that in one case the workforce is reduced while in the other it is, in the least, maintained or expanded.
From United States,
Hi Pavan
Employee Relations Covers communications, employee participation in management decisions, conflict and grievance resolution, trade unions and collective bargaining.
Each of this needs to be studied in detail to understand the Labour Employee Relations
From India, Ahmadabad
Employee Relations Covers communications, employee participation in management decisions, conflict and grievance resolution, trade unions and collective bargaining.
Each of this needs to be studied in detail to understand the Labour Employee Relations
From India, Ahmadabad
hi by what i understand, attrition rate is the no of ppl leaving the company turnover rate is the def ajmal gave if im wrong pls do notify!
From India, Madras
From India, Madras
Attrition is reduction in force by means of resignations, retirements and death.
Turnover is defined as a change in the workforce due to accessions, quits, discharges, and layoffs.
The difference being that attrition is a function of a declining workforce, whereas turnover is the function of a stable or expanding workforce.
The general measure of turnover is a percentage, derived from the number of separations divided by the total number of workers on the payroll.
Ex.: 10,000 employees left a workforce of 5,000
10,000/5000 = 10/5 = 2/1 = 200%
From United States,
Turnover is defined as a change in the workforce due to accessions, quits, discharges, and layoffs.
The difference being that attrition is a function of a declining workforce, whereas turnover is the function of a stable or expanding workforce.
The general measure of turnover is a percentage, derived from the number of separations divided by the total number of workers on the payroll.
Ex.: 10,000 employees left a workforce of 5,000
10,000/5000 = 10/5 = 2/1 = 200%
From United States,
Hi Col,
Cn't open the following link
You can download the guide using this link:
http://www.employee-retention-guide.com/Calculating.pdf
any help.
cheers!!
jo
From India, Gurgaon
Cn't open the following link
You can download the guide using this link:
http://www.employee-retention-guide.com/Calculating.pdf
any help.
cheers!!
jo
From India, Gurgaon
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Turnover rate-2.xls