hello evrybdy, plz tell me wats da diff btwn attrition rate and emp turovr ratio?? how it is calculated??
From India, Mumbai
From India, Mumbai
The calculation varies from company to company. Ideally it should be a sum of all employees who left during the calendar month ( irrespective of reason or voluntary/ involuntary attrition)
The calculation of Attrition % is : (Total attrition/ avg headcount ) * 100
Employee Turnover ration will be the number of employees leaving per 100 employees. So if there are 5 employees leaving in a 50 member company, the ratio would be 1:10
Hope that helps
krish
HR solutions: Exit Interviews, Surveys, Coaching, R&R programmes, & more
1The calculation of Attrition % is : (Total attrition/ avg headcount ) * 100
Employee Turnover ration will be the number of employees leaving per 100 employees. So if there are 5 employees leaving in a 50 member company, the ratio would be 1:10
Hope that helps
krish
HR solutions: Exit Interviews, Surveys, Coaching, R&R programmes, & more
It varies wildly depending on the region; generally, the further south you go, the greater the employment and education rates.
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From India, Bhopal
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From India, Bhopal
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