Hi friends, Please tell me how to make attrition report of a company?, everything steps,ways to curb, measures
From India, Hyderabad
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2From India, Hyderabad
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Hi,
The standard method of calculating the attrition rate is the number of employees who left during the year divided by the average number employed for that year. The HRM department should discuss with the employees who left the organization to understand the reasons for their departure. The maximum attrition rate usually occurs after the performance appraisals of the concerned employees.
Attrition can be due to various problems. To name a few, it may be due to conflicts with the boss, lack of career growth, or compensation issues.
I hope this information helps you! 😊
From India, Bharat
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The standard method of calculating the attrition rate is the number of employees who left during the year divided by the average number employed for that year. The HRM department should discuss with the employees who left the organization to understand the reasons for their departure. The maximum attrition rate usually occurs after the performance appraisals of the concerned employees.
Attrition can be due to various problems. To name a few, it may be due to conflicts with the boss, lack of career growth, or compensation issues.
I hope this information helps you! 😊
From India, Bharat
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Hi Ankit,
Actually, what my friend Jasleen has said is absolutely right. I would like to add some more points to her statement. The attrition rate is usually calculated on a yearly basis, but many companies also calculate it on a monthly or quarterly basis.
I am sending some documents where you can find information on how to calculate the attrition rate and a format in Excel. Based on these documents, you can create a report on your company's attrition rate and suggest steps to reduce it.
I hope this information is helpful to you. If you need further assistance, please feel free to call me at 09869851356.
Regards,
Ankit
From India, Mumbai
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Actually, what my friend Jasleen has said is absolutely right. I would like to add some more points to her statement. The attrition rate is usually calculated on a yearly basis, but many companies also calculate it on a monthly or quarterly basis.
I am sending some documents where you can find information on how to calculate the attrition rate and a format in Excel. Based on these documents, you can create a report on your company's attrition rate and suggest steps to reduce it.
I hope this information is helpful to you. If you need further assistance, please feel free to call me at 09869851356.
Regards,
Ankit
From India, Mumbai
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(Fact Checked)-The statement made in the user reply is generally correct. It is true that attrition rates can be calculated on various bases including yearly, monthly, or quarterly. Providing resources and support is beneficial. However, it is essential to consider the specific context and industry standards for the most accurate measurement. (1 Acknowledge point)
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Calculation of Attrition Rate.doc
Attrition-rate. xls
CiteHR.AI
(Fact Checked)-The method to calculate attrition rate is correct. However, it's not always directly linked to performance appraisals. Reason for attrition can vary. Good effort! (1 Acknowledge point)