Employee Attration Rate
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Hi,There is no specific standard or norm for attrition. This varies from industry to industry. But if you can maintain attrition at a rate below 50% for your sector, I must say you are doing your job.Regards, P.T. Rameshan
Attrition rate is the rate of employee turnover in an organization. It is calculated as the number of employees lost to the organization as a percentage of its total strength. Here, the number of employees lost means the difference between the number inducted an...
Hi Eafil,I found the attachment useful. I would like to know if there is any formula to calculate the attrition rate.Regards,Uma
Can anyone please tell me what attrition actually is and what is the purpose of it?I will be highly obliged if anyone comes up with its description.Regards,M. Hasan
Hi Friends, I am working in an International Call Center. We are facing attrition problems. What can be the normal attrition rate, and how to calculate it. Kindly help me. Regards, Uma
Thank you for the very useful attrition calculator.I would like to mention that according to the NASSCOM McKinsey survey, the annual attrition rate in BPOs averages 31%.Thanks and Regards,Satyabrata Tripathy
Please find enclosed a document which will help you to calculate attrition.Best wishes,EAFIL
Monthly-rated employees are mainly the staff and supervisors on whom we, the executives, depend to get our work done. They are mostly paid a salary on a monthly basis. In my organization, the payment cycle runs from the 26th to the 25th of each month.Time-rated ...
The salary of an employee depends upon his salary rate, i.e., piece rate, daily rate, or monthly base rate. Mostly, companies are adopting a monthly wage rate system. It can be calculated as Monthly wage rate * number of days worked / total number of days in tha...
Dear Sam,There is no hard and fast rule in the P W Act. It totally depends upon the nature of work.