What is attrition?

Question

What is attrition?

Accepted Answer

Attrition refers to the rate at which employees leave a company over a specific period of time.

Attrition is a measure of employee turnover.
It can be calculated by dividing the number of employees who leave by the average number of employees during a given period.
Attrition can be voluntary (resignations, retirements) or involuntary (layoffs, terminations).
High attrition rates can indicate issues with employee satisfaction, work environment, or management.
Examples of attrition include employees leaving for better job opportunities, dissatisfaction with company policies, or retirement.

Accepted Answer

Attrition is the rate at which the agent workforce is reduced voluntary or involuntary. i.e. resign, transfer, promotion and termination.

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