Tags Scheduled Hours
Tag: Scheduled Hours
Understanding Shrinkage and Calculation
What is Shrinkage and how to calculate it in a BPO industry?
Shrinkage can be defined as the time for which people are paid but not available to handle calls or perform their task. In a broader way, we can say that shrinkage is every activity that keeps an agent off the phone for a certain time or day(s). This would include his/her leaves & holidays entitlement, offline activities (training, meeting, coaching etc.), breaks, outbound calling (if any).
There are two types of shrinkage in BPO –
Planned Shrinkage
Unplanned Shrinkage