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... MBA Brief provides concise yet precise definitions of organizational concepts, management methods, and business models as taught in an MBA program. We keep it short and provide links to high-quality websites where you can learn more about your topic. |
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