Glossary   >  Attrition

Attrition

Attrition literally means the reduction in the workforces' strength of an organization as a result of the employee's voluntary or involuntary decisions. The reasons for such a decision could be the company's culture, work conditions, superior-subordinate relationships, better opportunities, retirement, higher education, or death. An increase in the attrition percentage of a company indicates the low satisfaction of the employees. Thus, its measurement is essential to monitor and take appropriate actions to reduce the attrition percentage.

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