Definition: Attrition is the rate at which a workforce is gradually reduced due to employees leaving a firm through normal means such as retirement, resignation and death. |
More on termination of employment: Dismissal, Downsizing, Employee Exit Management, Employee Furlough, Exit Interview, more on termination of employment... You may also like: Full-time MBA, Executive MBA, Executive Education, Online MBA. MBA Brief offers concise, yet precise definitions of concepts, methods and models as taught in a study Master of Business Administration. We like to keep things short, and provide links to learn more about your subject. |
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