Hi all,
I am very confused about this term. Please help me with this. When I searched different search sites, I came across this definition:
"A gradual reduction in the workforce without firing personnel, as when workers resign or retire and are not replaced. A gradual, natural reduction in membership or personnel, as through retirement, resignation, or death."
I am not sure if retirement can be counted in this because retirement is something for which we can make some backup, so how could it be considered attrition?
Also, death is a natural calamity. Can it also be counted?
Please let me know your responses.
Thanks
From India, Gurgaon
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I am very confused about this term. Please help me with this. When I searched different search sites, I came across this definition:
"A gradual reduction in the workforce without firing personnel, as when workers resign or retire and are not replaced. A gradual, natural reduction in membership or personnel, as through retirement, resignation, or death."
I am not sure if retirement can be counted in this because retirement is something for which we can make some backup, so how could it be considered attrition?
Also, death is a natural calamity. Can it also be counted?
Please let me know your responses.
Thanks
From India, Gurgaon
Acknowledge(0)Amend(0)
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Employee Engagement – Scaling Down Attrition.pdf
SAMPLE Employee Attrition Calculation sheet for FY 09-10 .xls