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Meaning & Definition

Attrition

A term used to describe voluntary and involuntary terminations, deaths, and employee retirements that result in a reduction to the employer's physical workforce. There are many causes of attrition, but here are a few most common examples of why attrition happens:

  1. Unfair pay
  2. Inability to grow and develop careers
  3. Lack of work-life balance
  4. Lack of employee recognition and awards
  5. Poor management
  6. Poor work conditions
  7. Lack of benefits.

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