Abandonment Rate is a call center KPI that measures the percentage of inbound calls disconnected by customers before reaching an agent. It highlights issues like long wait times, poor call routing, or understaffing. A high abandonment rate can impact customer satisfaction and operational efficiency.
Abandonment Rate refers to the percentage of inbound calls that are disconnected by customers before they are answered by an agent. It is calculated by dividing the number of abandoned calls by the total number of calls in a given period.
Formula
Abandonment Rate = (Abandoned Calls / Total Calls) × 100
A call center receives 1,000 inbound calls in a day. Of these, 150 are abandoned before any agent answers. The abandonment rate for the day would be:
Abandonment Rate = (150 / 1,000) × 100 = 15%
This high rate may prompt the call center management to review staffing levels or adjust the automated phone system to reduce wait times and improve customer satisfaction.
Why is abandonment rate important?
Abandonment rate is important because it reflects customer dissatisfaction, often due to long wait times. A high abandonment rate can lead to missed opportunities for service and potential loss of customers.
What is a good abandonment rate?
A typical industry standard for abandonment rates is around 5% to 8%, though this can vary depending on the type of call center and its service goals.
How can I reduce the abandonment rate?
Reducing abandonment rates can be achieved by improving call routing, enhancing staff availability, reducing wait times, and offering self-service options like FAQs or chatbots.