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HomeRecruitment GuideGlossary Terms A-ZAttrition
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Attrition

In the realm of human resources, attrition is defined as both the voluntary and involuntary reduction of a company’s workforce through deaths, employee retirements, transfers, resignations and terminations. While some attrition is to be expected in normal business operations, a high level of reduction can lead to problems and a lack of manpower. Some of the ways human resources professionals do their part to keep top-performing employees happy and attrition rates low is design and implement company compensation programs, motivation systems and a company culture. Besides retaining top performing employees, business owners try to keep their attrition rates as low as possible to keep from having to spend money on advertising for, hiring, training and completing paperwork for new employees.

Related terms:

      

  • human resources
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  • at-will employment
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  • unretirement

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The content on our website is only meant to provide general information and is not legal advice. We make our best efforts to make sure the information is accurate, but we cannot guarantee it. Do not rely on the content as legal advice. For assistance with legal problems or for a legal inquiry please contact you attorney.

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