Attrition

1. 
    Attrition = ((no. of attrition *100)/(actual emp. + new joinee))/100
   OR
   2) Attrition = (no. of attrition)/((Op. bal+Cl. bal.)/2))*100
   According to my knowledge, the formula for attrition is
   = ( No of Employees left * 100 )/ Total No of Employees.
   
   
   One of the most perplexing question for any HR Professional is always the Attrition Calculation. I have been faced with this problem myself a number of times and have always found myself at bay. This post is an attempt to put an end to my own confusion as well as to answer numerous such questions I have been posed with for a long time now.
   
   
   The formula and correct logic behind calculation of Attrition Rate as per my Secondary Research have come out very distinctly as below:
   
   ((no. Of attritions x 100) / (Actual Employees + New Joined)) /100.