Attrition is the process of reducing an HR surplus by allowing the size of the workforce to decline naturally because of the normal pattern of losses associated with retirement, deaths, voluntary turnover, etc.

Webster Dictionary Meaning

1. Attrition
- The act of rubbing together; friction; the act of wearing by friction, or by rubbing substances together; abrasion.
- The state of being worn.
- Grief for sin arising only from fear of punishment or feelings of shame. See Contrition.
Share it:  Cite

More from this Section

  • Bonus
    Bonus incentive money paid to employees in addition to their regular compensation. ...
  • Family-friendly
    Family-friendly is a policy or practice designed to help families spend more time together ...
  • Equivalent position
    Equivalent position is according to section 825.215 of the FMLA regulations, an equivalent ...
  • Hierarchy of needs
    Hierarchy of needs is a psychology theory ascribed to Abraham H. Maslow, in which he proposed ...
  • Yellow dog contract
    Yellow dog contract is an employment contract or agreement, either oral or in writing, ...