What is Attrition? Meaning.
Attrition is a Human Resources Management term that describes
the rate at which a workforce is gradually reduced due to employees leaving a firm through normal means such as retirement, resignation and death. Contrary to forced labor reductions (firing, mass layoffs).
To avoid employee disengagement, companies typically use a number of mechanisms:
It can be also used to indicate the action of not filling openings created by voluntary resignation and normal retirements.
Employee Turnover.
Two difference between employee attrition and employee turnover are that, with the latter, the company usually must fill the vacancy. And while turnover can be caused by similar reasons as attrition, turnover is usually viewed negatively. It can be voluntary (i.e. the employee resigns to find a better job) or involuntary (i.e. the employee is terminated as a part of managing poor performance).
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The word "furlough" recently has got some prevalence due to COVID-19. What does it actually refer to?
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Why Employees Stay: Contextual Factors Influencing Job Embeddedness Employee Retention, Attrition, Organizational Commitment, Employee Satisfaction Mitchell, Lee and Tyler (2014) focus on the contextual (or external) factors that influence employees’ staying, instead (...)
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Managing Employee Separation and Employee Retention Employee Turnover, Employee Retention, Employee Separation, Discipline, Layoffs, Dismissing, Employee Termination Presentation about the retention and separation of employees, including the following sections:
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Reasons and Secrets of Employee Retention Employee Retention, Attrition This presentation is about Employee Retention and includes the following sections:
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The Employee Commitment Pyramid Employee Commitment, Employee Motivation Stum (2013) developed the so-called Performance Pyramid. His model is clearly based on Maslow’s Hierarchy of Needs. But (...)
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