What Is Attrition Rate And How Do Companies Calculate It?

[Smithkerry]

What Is Attrition Rate And How Do Companies Calculate It? I Often Hear This Term In HR discussions, but need a clear understanding. Why Is It Important For Organizations? Also, What Is Considered A Healthy Attrition Rate?

 

[grace]

It's basically the percentage of employees who leave over a certain period, you calculate it by dividing the number of people who left by the average headcount and multiplying by 100, anything around 10-15% is generally considered healthy.