Glossary   >  Attrition

Attrition

What is 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.

Megha Soni

Megha Soni is a strategic content writer at factoHR. She possesses the curiosity to learn every subject to the core to present it to her readers in an elegant way. Her articles entail all the related events and trends that help readers catch the essence of the topic very easily.

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