HR operations
Attrition
Attrition is the rate at which employees leave, calculated as leavers in a period divided by average headcount, usually annualised and split into voluntary and involuntary.
Monthly attrition of 2 percent is about 24 percent a year. Splitting by tenure, team and reason code shows where the problem is; regretted versus non-regretted separates a problem from housekeeping.
It is the most watched HR number and the least consistently defined.
In Indian payroll
IT services and BPO run 15 to 30 percent; manufacturing far lower. The exit interview reason codes are what make the number actionable.
What is Attrition?
Attrition is the rate at which employees leave, calculated as leavers in a period divided by average headcount, usually annualised and split into voluntary and involuntary.
Why does Attrition matter in Indian payroll?
IT services and BPO run 15 to 30 percent; manufacturing far lower. The exit interview reason codes are what make the number actionable.
Related terms
In Kuzhu
The Reports & Analytics module in Kuzhu is where Attrition is handled, on the same employee record as everything else.
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