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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 / amit kumar

Shrinkage means no of agents not present but
rostered/Agents rostered*100

Example: Team Strength is 20
Agents Present:18
Apsent Agents :2
Shrinkage=2/20*100
i.e-10%

Attrition:
Agents left/(Opening Headcount+Closing Headcount)/2*100

Is This Answer Correct ?    463 Yes 67 No

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

Answer / amit

Shinkage means absentism.

Formula :

No. of persons not turned to the shift but rostered
----------------------------------------------------X100
No. of persons rostered for the shift

Attrition means number resignation from the team

Formula:

No. of persons resigned from team
------------------------------------------- X 100
Actual number of persons and new joinees

Is This Answer Correct ?    457 Yes 143 No

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

Answer / shivani

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 or Absond without
informing the reporting.

Formula : No of Atrrition/(Opening of the month + Closing
of the month)/2*100

Lets assume

Opening -20
Closing -16

=4/(20+16)/2/100 = 5.5% is attrition

I hope its very clear.

Thanks
Shivani

Is This Answer Correct ?    380 Yes 128 No

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

Answer / veena

hrinkage means no of agents not present but
rostered/Agents rostered*100

Example: Team Strength is 20
Agents Present:18
Apsent Agents :2
Shrinkage=2/20*100
i.e-10%

Attrition:
Agents left/(Opening Headcount+Closing Headcount)/2*100

Is This Answer Correct ?    106 Yes 26 No

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

Answer / rajesh kumar

Shrinkage - Absence from work is termed as shrinkage

It has two types
Planned - where employees have informed in prior
Unplanned - where employees haven't informed in prior or wasn't a planned leave or a sudden leave

Example
Team Total =20
Planned Leave = 2
Unplanned Leave = 4

Planned Leave Formula =
Planned Leave / Team Total*100 =(2/20)*100 = 10%

Unplanned Leave Formula =
Planned Leave / (Team Total-Planned Leave)*100
=4/(20-4)*100) = 25%

Total Shrinkage for the day =
Planned Leave + Unplanned Leave / (Total Team - Planned Leave)*100
=2+4)/(20-2)*100 = 33.33%

Attrition
Employees who resign from the work voluntarily or terminated involuntarily are defined as attrited or attrition.

Attrition Terms

Number of attrition - Voluntary + Involuntary in the month
(OHC) Opening Head count - Employees available at the first day of the month
(CHC) Closing Head count - Employees available at the last day of the month, excluding the employees who left the organization

Attrition Formula
Number of Attrition / ((Opening Headcount + Closing Headcount)/2) *100

Example
OHC = 50
CHC = 45
Attrition = 5

Attrition % = 5/((50+45)/2)*100 = 10.52%

Is This Answer Correct ?    84 Yes 34 No

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

Answer / supriyo roy

the formulae of attrition is =n/(b+e)/2*100

Is This Answer Correct ?    94 Yes 52 No

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

Answer / vasanth

Shrinkage Formula: No of Planned+unplanned leaves
------------------------------
Total no of agents scheduled for the day

Attrition: No of attrites/avg(opening+closing hc of the
month)

Is This Answer Correct ?    51 Yes 27 No

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

Answer / supriyo roy

There are two types of Shrinkage.1) Planned and other is Unplanned.
Planned Shrinkage-No of Agents are of Week and leave/ total no of agents present in the team..
Unplanned- No of people ABSENT/total no of agents rostered for the day.

Attrition-no of attrition/(opening +closing)/2*100 ie
2/(20+22)/2*100
=2/21*100
=9.52%

Is This Answer Correct ?    37 Yes 26 No

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

Answer / 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%

Is This Answer Correct ?    9 Yes 0 No

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

Answer / kamalakar singh

Shrinkage means no of agents not present but
rostered/Agents rostered*100

Example: Team Strength is 40
Agents Present:36
Apsent Agents :4
Shrinkage=4/40*100
i.e-10%

Attrition:
Agents left/(Opening Headcount+Closing Headcount)/2*100

Is This Answer Correct ?    10 Yes 4 No

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