Management Glossary

  Search Results: attrition
The reduction in staff numbers as a result of employees leaving, as a result of events such as resignations, retirements and deaths, and not being replaced. Firings and layoffs are not considered to be attrition. For example, saying that desired head-count reductions will be achieved through attrition usually means that, while the total number of employees in the company will be reduced over time, nobody will be fired or laid off.
Contributed by: ManagerWise Staff
See: lay-off

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