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Attrition Rate Calculation Examples

An IT company started 2018 with 250 employees and ended with 240, losing 25 employees. The average number of employees was 245. The attrition rate was calculated as 25 employees lost divided by the average of 245 employees, which equals 10.2%. A shoe manufacturing firm started 2018 with 300 employees. During the year, 40 new employees were hired while 20 left. The ending number was 320 employees. The average number of employees was 310. The attrition rate was calculated as 20 employees lost divided by the average of 310 employees, which equals 6.5%.

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310 views4 pages

Attrition Rate Calculation Examples

An IT company started 2018 with 250 employees and ended with 240, losing 25 employees. The average number of employees was 245. The attrition rate was calculated as 25 employees lost divided by the average of 245 employees, which equals 10.2%. A shoe manufacturing firm started 2018 with 300 employees. During the year, 40 new employees were hired while 20 left. The ending number was 320 employees. The average number of employees was 310. The attrition rate was calculated as 20 employees lost divided by the average of 310 employees, which equals 6.5%.

Uploaded by

Sushil Raut
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
  • IT Company Employee Attrition Example
  • Shoe Manufacturing Firm Attrition Example
  • Incomplete Content Page

Let us take the example of an IT-based company in the US.

At the start of 2018, there were 250 employees in the


company which ended up at 240 by the end of the year. 25 employees left the company during the year.
Calculate the attrition rate of the company for the year 2018 based on the given information.

Particulars Value
No. of Employees that Left Workforce 25
No. of Employees at the Start of 2018 250
No. of Employees at the End of 2018 240

Average No. of Employees is calculated using the formula given below


Average No. of Employees = (No. of Employees at the Start of 2018 + No.
of Employees at the End of 2018) / 2

Average No. of Employees 245

Attrition Rate is calculated using the formula given below


Attrition Rate = No. of Employees that Left Workforce / Average No. of Employees

Attrition Rate 10.2%


loyees in the
Let us take the example of another firm that is engaged in the manufacturing of shoes. At the start of 2018, the firm had a t
of 300 employees on the job floor. During the year, 40 new employees joined the firm while 20 employees left. Calculate th
attrition rate of the firm for the year 2018 based on the given information.

Particulars Value
No. of Employees that Left During 2018 20
No. of Employees that Joined During 2018 40
No. of Employees at the Start of 2018 300

No. of Employees at the End of 2018 is calculated using the formula given below
No. of Employees at the End of 2018 = No. of Employees at the Start of 2018 + No.
of Employees that Joined During 2018 - No. of Employees that Left During 2018

No. of Employees at the End of 2018 320

Average No. of Employees is calculated using the formula given below


Average No. of Employees = (No. of Employees at the start of 2018 + No.
of Employees at the end of 2018) / 2

Average No. of Employees 310

Attrition Rate is calculated using the formula given below


Attrition Rate = No. of Employees that Left During 2018 / Average No. of Employees

Attrition Rate 6.5%


start of 2018, the firm had a total workforce
0 employees left. Calculate the

Let us take the example of an IT-based company in the US. At the start of 2018, there were 250 employees in the company whic
oyees in the
Let us take the example of another firm that is engaged in the manufacturing of shoes. At the start of 2018, the firm had a t
start of 2018, the firm had a total workforce 0 employees left. Calculate the

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