What is SHRINKAGE and ATTRITION..?
If anyone knows please let me know..!
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Answer Posted / raj
Attrition % = No. of attrites for the period / Average headcount for the period X 100
Period could be month, quarter, semi-annual, annual, etc;
For example, let us assume we calculate attrition for the month;
Opening headcount = 100
Attrites = 5
Closing headcount = 100-5 = 95
Hence, average headcount = ((100+95)/2) = 97.5
= ((5/97.5)*100) = 5.13%
Attrition % = 5.13%
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