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6 Monthly attrition

Valentina | 0 Posts

5 Jun, 2019 11:06

Could you confirm if this the right calculation to calculate attrition please?

(Leavers that specific month/ average number of employees) *100

Thanks in advance.

Valentina

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Ray | 0 Posts

5 Jun, 2019 12:12
Hi Valentina
Yes, globally that looks good to me.

IMHO, You have two possible variations .
1. You can count turnover/attrition in terms of "heads" (people), or
2. You can count in terms of the % of your ressources that have left (counting on an FTE basis).
You'll probably find it useful to undertake the same calculation each month on an annual basis, unless you are in a business that is massively seasonal..... That will help you to identify any longer term trends....
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Valentina | 0 Posts

5 Jun, 2019 13:49

In reply to Ray:
Thanks Ray.

How would you calculate the second option?

i.e. if this months my number of leavers are 3 and my total avg employee is 225.4, my attrition will be 1.1% (and retention 98.9%).
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Valentina | 0 Posts

5 Jun, 2019 13:50

In reply to Valentina:
* sorry avg. 255.4 in the example
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David | 0 Posts

5 Jun, 2019 15:30

In reply to Valentina:
Unless it's a workforce that typically has at least some / more than a few leavers each month, a monthly percentage will only be a snapshot of that particular month and not necessarily representative of the current picture. For that, you'll need for example cumulative / year to date / annual figures analysed over different periods so that you can see both the extent and the trend.
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Valentina | 0 Posts

5 Jun, 2019 16:29

In reply to David:
Thank you David.
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Ray | 0 Posts

5 Jun, 2019 16:41

In reply to Valentina:
In answer to the FTE (full-time equivalent question - if you have 50 staff of whom 5 are part-time at 50%, then they equate to 47.5 FTEs. One person leaving in a month will be 1/47.5 or 2.11% on an FTE basis, where it would have been 1/50 on a headcount basis.
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