Quiz on Attrition

Suppose an organization started the year with 200 employees. Over the whole course of the year, 40 employees left the organization and 50 new hires. What is the attrition rate

• 19.51

• 18

• 17.5

• 21.2

A higher attrition rate can significantly damage an organization’s branding, leading to revenue loss and key employees. True or False

• True

• False

An organization has 100 employees for August 2020. During that month, 10 employees left voluntarily, and the company hired 20 new employees. What is the attrition rate ?

• 9.5

• 9.52

• 9.54

• 9.56

Attrition rate is also known as -

• Voluntary Attrition

• Churn Rate

• Exit Rate

• Leaving Rate

At the start of July, the number of employees was 150. Over this period, 20 employees left, and you hired 30. Therefore, the number of employees at the ending of the quarter will be 150-20+30= 160. What will be the attrition rate ?

• 12.90

• 13

• 12.5

• 13.90

LTM attrition stands for

• Last Time Attrition

• Last 12 months attrition

• Last to month attrition

• Last 12 mile attrition

Attrition Formula is -

• No of exit/Total Headcount *100

• No of exit/Total Headcount*100 12/N

• No of exit/Average Headcount *100

• No of exit/ Minimum Headcount *100