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Download HR Attrition Report Excel Template

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.

How to Use this HR Attrition Report Excel template

Our editable Excel templates for data analysis are easy to use and can save you a significant amount of time and effort. Here’s how to download and use one of our templates:

  1. Download: Once you’ve browsed through our collection of templates and find the one that best fits your needs. Once you’ve found the template you want, click on the download button.

  2. Replace sample data with your actual data: Once the template is downloaded, open it in Excel. You’ll see that it is already set up with sample data. To start analyzing your own data, simply replace the sample data with your actual data.

  3. Customize the template: Our templates are completely editable, which means you can customize them to fit your specific needs. For example, you can change the formatting, add or remove columns, or create new charts and graphs.

  4. Use the Excel template: Once you’ve fed in your data and customized the template, you’re ready to start using it for data analysis. Use the various tools and features of Excel to analyze and visualize your data, and make informed business decisions.

  5. Save and share: Once you’ve finished working on the template, save it to your computer and share it with other members of your team or stakeholders as needed.

In summary, our editable Excel templates for data analysis are easy to use and can save you a significant amount of time and effort. Simply, download the template, replace sample data with your actual data, customize it as per your requirement, use it for data analysis, and save or share it with others as needed. With our templates, you can quickly and easily analyze your data and make informed business decisions.

Click Download Button To Get HR Attrition Report Excel Template

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