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What is SHRINKAGE and ATTRITION..?
If anyone knows please let me know..!

Answers were Sorted based on User's Feedback



What is SHRINKAGE and ATTRITION..? If anyone knows please let me know..!..

Answer / level 1 manager certification

Shrinkage = WO+PL+UL/Total Staff

Eg: Total Staff is 15
Scheduled is 12
Week OFF is 2
Planned Leave is 1
Unplanned Leave is 1
Then Shrinkage = (2+1+1)
------- *100 = 26.6%
15
Attrition % = Total No, of people attrited
------------------------------ *100
(Open Head Count + Closed Head Count)
-----------------------------------
2

Total No of people Resigned + Absconding + Terminated =
Attrition

Is This Answer Correct ?    19 Yes 21 No

What is SHRINKAGE and ATTRITION..? If anyone knows please let me know..!..

Answer / prabal

Shrinkage:

No. of heads who did not report to office
(Weekoff+Leave+Unplanned Leave)/Total number of hedcount
rostered for the day*100

Attrition:

No. of heads who left the organization /(Opening
Headcount+Closing headcount)/2*100

Is This Answer Correct ?    3 Yes 5 No

What is SHRINKAGE and ATTRITION..? If anyone knows please let me know..!..

Answer / mahesh kumar

Thanks

Is This Answer Correct ?    0 Yes 2 No

What is SHRINKAGE and ATTRITION..? If anyone knows please let me know..!..

Answer / krishna pathak

For attrition to calculate it is very easy =No.of people attrition/Avg.of opening and closing headcount*100

Is This Answer Correct ?    0 Yes 2 No

What is SHRINKAGE and ATTRITION..? If anyone knows please let me know..!..

Answer / vijay

Shrinkage its a presentage of headcounts those are not present on reporting day however they are on planned or unplanned
formula
planned leave+unplanned leave/ totle headcount
example
Headcount = 20
planned leave( week off+ pl+ leave with permission)=2
unplanned = 1

=2+1/20*100= 15%

Attrition is the parcentage of headcounts those are left or on resign time in current month
formula
Opening count+closing count/(2)/no of attride

Is This Answer Correct ?    0 Yes 2 No

What is SHRINKAGE and ATTRITION..? If anyone knows please let me know..!..

Answer / amit

Shrinkage:- Number of absent agents, which are roasted and they are not come on that day, that is call shrinkage.

Formula: Number of Absent Agents/ Total count of Agents * 100
Example: Number of Absent Agents:- 4
Total count of Agents:- 20

Shrinkage(%):- 4/20*100 = 20%
____________________________________________________________

Attrition:- As per the forcast and manpower, we lost any single person that is call attrition.


Formula:- Number of Attrition/ opening count of Agents+ closing count of Agents*100/2

Example:- Number of Attrition: 2
Opening count of Agents: 20
Closing count of Agents: 18

Attrition(%):- 2/(20+18)*100/2 = 10.52%

Is This Answer Correct ?    1 Yes 4 No

What is SHRINKAGE and ATTRITION..? If anyone knows please let me know..!..

Answer / sandeep thakur

Attrition Formula

Example
OHC = 50
CHC = 45
Attrition = 5

opening count+closing count
50+45 =95
sum/2
95/2= 47.5
number Of Attired Agent/47.5
5/47.5=11%


 

Is This Answer Correct ?    1 Yes 4 No

What is SHRINKAGE and ATTRITION..? If anyone knows please let me know..!..

Answer / santosh

Attrition Formula:

No of agent left / total team strength.


Shrinkage

(Week off + Unplan Leave + Leave)/ roster for the day

Is This Answer Correct ?    1 Yes 5 No

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