Download HR Attrition Report Excel Template

Contents

Popular Categories in Excel Template
Trednding in Excel Template

Absconding Letter

Absconding Letter in excel template helps to issue a notice to the absconding employee just …

Read More

Travel Request Form

In a medium to big scale company, there are Business Travel Standard Operating Procedures (SOP) …

Read More

Academic Calendar

You can download and use the latest Academic calendar templates. Academic Year You can adjust …

Read More

Spring Cleaning Checklist

There are many things that are to be done around the house on a seasonal …

Read More
Search
Generic filters

Employee Attrition Report is a ready-to-use template in Excel to calculate Employee Attrition Rate.

HR professionals prepare Attrition report monthly or yearly to monitor and rectify the causes of attritions in the organizations.

What is Attrition?

In other words, attrition is defined as voluntary and involuntary reduction of a company’s workforce. This reduction is mainly due to retirements, transfers, resignations, terminations, or deaths.

Types of Attrition

There are 4 types of attrition which are:

Voluntary Attrition

Voluntary Attrition means employees willingly leaving company due to personal or professional reasons. It is the most common types of attrition.

Involuntary Attrition

Involuntary Attrition rate meaning is when an employer initiates the termination of employees for misconduct, merger, or acquisitions. However structural changes or production line changes also initiate involuntary attrition. Even economic slowdown is also a cause of involuntary attrition.

Internal Attrition

Moreover, The movement of employees from one department to another refers to internal attrition. This includes moving of employees within company for growth.

Demographic Attrition

Demographic Attrition refers to loss of specific group of employees.  This also includes specific age, sex, ethnic minorities, people with disabilities, veterans, or older professionals.

What is Attrition Rate definition And Attrition Rate Formula

The attrition rate means calculating proportion of employees leaving an organization over a specific period. A normal rate of attrition is expect in normal business operations.

However a high rate of attrition leads to many problems and a lack of workforce. So, HR professionals design and implement company compensation programs and motivation systems.

Thus, This helps them to keep the employees happy and attrition rates low. Therefore, Keeping the attrition rates as low as possible helps to save money.

So, You can save money that is to be spent on advertising for hiring, training, and completing paperwork for new employees.

Monthly Employee Attrition Report Template

We have create a Monthly Employee Attrition Report Template with predefine formulas. Just enter number of employees leaving and joining the organization in respective cells. The template automatically calculates the attrition rate for you.

With this template, you can easily monitor monthly attrition rate of your organization and take relevant measures to decrease them.

Causes of Attrition

  1. Lack of growth opportunities.
  2. Lack of appreciation.
  3. Non-cooperative team members.
  4. Long working hours.
  5. Health and Aging problems
  6. Inability to handle extensive pressure from management.
  7. Motherhood for female employees.
  8. Employees pursuing Higher Studies.
  9. Employees starting their own business.

Generally, most of employees leave within the first two years of tenure.

Download HR Attrition Report Excel Template

To use this free Excel Template, you should have Microsoft Office/ Microsoft Excel. You can only use this template if you have these applications in your system. or Use, Google Sheets. 

After installing Excel or Spreadsheet, download the xlsx file of this template to use it

Once extracted, you can open the file using Excel and start entering data or customizing the template.

Click The Button Below To Download HR Attrition Report Excel Template

Instruction :

All Excel templates and tools are sole property of xlsxtemplates.com. User can only download and use the excel templates for their Personal use only. All templates provided by XLSX templates are free and no payment is asked. However, you are not allowed to distribute or share in any other website for sole purpose of generating revenue from it.

 You can also download and use our 1000 Best PowerPoint Presentation Templates and 500 Resume Samples from PPTXTemplates.com  Completely Free. All our templates are designed by Professionals

Popular Excel Templates: