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What is SHRINKAGE and ATTRITION..?
If anyone knows please let me know..!
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Answer / aditya dwivedi
Shrinkage has two types
One is Planned -It means people have informed you prior
that they wont come to office today which you know before &
Second is unplanned- means simple people with sudden leave
Lets assume
Tean Total =20
Planned Leave is 2
Unplanned Leave is 4
Planned Formula is =2/20=0.1
Unplanned Formula is =4/20=0.2
Total :0.3 if you put percentage you will get 30% for the
day
Both add together will be the shrinkage = 30%
--------------------------------
Attrition means
People who resigned from the Concern, Abscond without
informing the reporting or terminated from the company.
Formula : No of Atrride/(Opening hedcount of the month + Closing hedcount
of the month)/2*100
Lets assume
Opening : 20
Closing : 16
=4/(20+16)/2*100 = 5.55% is attrition
I hope its very clear.
| Is This Answer Correct ? | 9 Yes | 4 No |
Answer / kishan
Shinkage means absentism.
No. of persons not turned to the shift but rostered/No. of persons rostered for the shift X 100
Attrition: Loosing any employee in any way resign or abscond is known as attrition , we calculate it in 3 way.
1st: MTD Attrition ((No. of attrition/Average headcount (Opening & Closing)*(365/No. of passed days in month))
2nd: YTD Attrition ((No. of attrition/Average headcount (Opening & Closing)*(365/No. of passed days in year))
3rd: Rolling Attrition ((No. of attrition/Average headcount (Opening & Closing)*(365/365))
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / shoaib
Can anyoone give me correct formulas for attraction and shrinkage
| Is This Answer Correct ? | 4 Yes | 3 No |
Answer / sau
Start head count - end head count /start head count*100
(4-2)/4*100
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / amin bhanwadia
Shrinkage formula = (Absent+Leave)/(Headcount-WO)
Attrition Formula = Attrition Count/((Opening+Closing)/2)*100
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / kamal
Hi,
Someone, please confirm how to calculate below data points with below figures. Thanks
I'll assume Attrition to be part of unplanned absence since the agent was scheduled but has attrited mid-week.
1) Unplanned absence.
2) Planned absence.
3) Total absence.
Total HC - 20
Planned Leave - 3
Unplanned Leave - 2
Attrition - 1
OFF - 4
Thanks
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / v
Agents left/(Opening Headcount+Closing Headcount)/2*100
Why is the (Opening Headcount+Closing Headcount)/2 divided by 2 here?
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / peter
shrinkage means absenteeism and the formula for shrinkage is
planned leave + unplanned leave/roster for the day.
Attrition means if a person leaves an organization is called
as attrition for is, No of attrition/average headcount
=start headcount+end headcount/2
| Is This Answer Correct ? | 14 Yes | 15 No |
Answer / ranjit kumar nayak
Shrinkage means apsentisim and leave taken by agents.
There is two type of shrinkage, on is planned and another is unplanned.
Planned-No of leave taken by agents from team HC
Formulae-No of leave/Total team HC*100
Ex-4(No of leave)/20(Team HC)*100=20%
Unplanned-No of apsent against total team HC
Formulae-No of apsent/Total team HC*100
Ex-2(No of apsent)/20(Team HC)*100=10%
Shrinakge-Planned+Unplanned
i,e-20%+10%=30%
Attrition-Agent who are left the job.
Formulae-No of attrition/(Opening HC+Closing HC)/2*100
Ex-Total HC-20, No of Attrition-1
1/(20(OHC)+19(CHC)/2*100=1.28%
| Is This Answer Correct ? | 3 Yes | 4 No |
Answer / prerna
Shrinkage:
total absent/total rostered
attrition:
total attire/(opening count+closing count/2)*100
| Is This Answer Correct ? | 0 Yes | 1 No |
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