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  • Attrition Rate

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    Harish Kumar
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    The document calculates the attrition rate of Angel Broking Limited for 2008 and 2009. It provides the formula for attrition rate as the number of employees who left in a year divided by the average number of employees for the year multiplied by 100. Applying the formula to the data provided, it determines that the number of employees in 2008 was 90, in 2009 was 150, and the average was 120. Using these numbers, it calculates the attrition rate as 37.5%.

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    The document calculates the attrition rate of Angel Broking Limited for 2008 and 2009. It provides the formula for attrition rate as the number of employees who left in a year divided by the average number of employees for the year multiplied by 100. Applying the formula to the data provided, it determines that the number of employees in 2008 was 90, in 2009 was 150, and the average was 120. Using these numbers, it calculates the attrition rate as 37.5%.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    19 views1 page

    Attrition Rate

    Uploaded by

    Harish Kumar
    The document calculates the attrition rate of Angel Broking Limited for 2008 and 2009. It provides the formula for attrition rate as the number of employees who left in a year divided by the average number of employees for the year multiplied by 100. Applying the formula to the data provided, it determines that the number of employees in 2008 was 90, in 2009 was 150, and the average was 120. Using these numbers, it calculates the attrition rate as 37.5%.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    ATTRITION RATE OF ANGEL BROKING LIMITED DURING THE YEAR

    2008 & 2009

    ATTRITION RATE:

    Number of employees who left in the year

    Attrition rate =
    × 100

    Average employees in the year

    No of employees in 2008 = 90

    No of employees in 2009 =150

    Average of employees = (90+150)/2

    = 120

    Attrition rate = 45/120 * 100

    =37.5%

    Attrition rate = 37.5%

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