Hi, I am new in HR. Can anyone help me with meaning and difference between Attrition, Separation & turnover.......I am too confused. Please guide me. Regards,
From India, Mumbai
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1From India, Mumbai
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Attrition
Attrition refers to a reduction in staff that is vacated through resignation, reassignment, transfer, retirement, or other means other than layoffs.
Separation
Any termination of employment is generally classifiable as a layoff, voluntary quit, or discharge.
Employee Turnover
Employee turnover is the ratio of the number of workers that have left in a given time period to the average number of workers.
From India, Delhi
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Attrition refers to a reduction in staff that is vacated through resignation, reassignment, transfer, retirement, or other means other than layoffs.
Separation
Any termination of employment is generally classifiable as a layoff, voluntary quit, or discharge.
Employee Turnover
Employee turnover is the ratio of the number of workers that have left in a given time period to the average number of workers.
From India, Delhi
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Thanks a ton...
Attrition refers to a reduction in staff that occurs through resignation, reassignment, transfer, retirement, or other means besides layoffs.
Separation:
Any termination of employment. It is generally classified as a layoff, voluntary quit, or discharge.
Employee Turnover:
The ratio of the number of workers that have left in a given time period to the average number of workers.
From India, Mumbai
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Attrition refers to a reduction in staff that occurs through resignation, reassignment, transfer, retirement, or other means besides layoffs.
Separation:
Any termination of employment. It is generally classified as a layoff, voluntary quit, or discharge.
Employee Turnover:
The ratio of the number of workers that have left in a given time period to the average number of workers.
From India, Mumbai
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HR Manual (Employee Hand Book).doc