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Employee Attrition
Employee attrition (not to be confused with employee turnover) is a reduction of staff for voluntary or involuntary reasons, including retirement, resignation, elimination of the position. With attrition, an employer usually will not fill the vacancy left by the former employee.
An attrition rate is used to measure employees or lost over a period of time who are not replaced. This rate is a percentage of the total workforce.Companies often look at this rate to determine cost savings relative to the number of vacant or eliminated positions.
